Bullboard - Stock Discussion Forum CanAsia Energy Corp CECAF

Primary Symbol: V.CEC

Energy Oil & Gas E&P

CanAsia Energy Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The Company, through its subsidiary, Andora Energy Corporation, is focused on developing the bitumen resources at the Sawn Lake property using steam assisted gravity drainage (SAGD) development... see more

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TSXV:CEC - Post Discussion

CanAsia Energy Corp > Jeff Chrisholm and ROK.V

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Post by bullhorn3 on Jul 20, 2022 3:25pm

Jeff Chrisholm and ROK.V

Jeff is an independent director of ROK Resources. I wonder if there is any synergy in some sort of collaboration.

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Comment by cashworx on Jul 21, 2022 1:29am

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Comment by ValueCat on Jul 21, 2022 11:50am

doubtful. I don't see a move into oil sands development being well received by ROK shareholders.

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Comment by radcat on Jul 21, 2022 3:58pm

They have nothing to do with Oil Sands. More like Surge Energy (T.SGY) assets. ROK Resources Inc. Confirms Closing of Previously Announced Transformational $72 Million Acquisition of Sustainable, Producing, Oil-Weighted Assets

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Comment by quicksilver545 on Jul 21, 2022 4:25pm

I'm trying to understand why the market is undervaluing these assets so much. Right now, with current exchange rate, market giving value post-deal of 10 cents per share for CanAsia shares, which would be a market cap of under 5M. I would expect this to to be worth at least 25M, and be a prime acquisition candidate in a high priced oil environment. I suppose some of the ...more

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CanAsia Energy Corp