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Chinook Energy Inc. Common CNKEF



GREY:CNKEF - Post by User

Comment by CBalardoon Nov 10, 2018 11:43am
91 Views
Post# 28954985

RE:What would a realistic buyout price be?

RE:What would a realistic buyout price be?Well the land value doubled itself the day they announced west coast lng pipeline. Here’s what I see unfolding. CDPQ the largest investor in climate has massive stake through GAZ METRO Quebec. CDPQ already invested in storm. With the competition with Asian companies able to access b.c gas soon you are going to see fair market and over valued small caps getting merged and take overs coming. With this companies undervaluation and Canadian dollar sitting at .76 cents it’s a no brainer. I think CDPQ has no choice but to get more involved before they loose their position. Let’s face it the gas line going to Kitimat is going to pay more cash and a lot of that gas they own is coming out of horn river and b.c. chinook has choices being in a good location.station 2 prices need to be competitive.Gas will hit 5.00 I’ll bet my left nut on it. The money is sitting and it’s coming just hold tight. Gas is no longer just a major house hold must it’s going to dominate coal fired plants as per Paris summit. I’m buying Storm and CKE. They can’t hide for long they have 1-2 years. Let me see someone buy are land and wells for this price with no debt... come on really.? Gas in BC will be more recession proof as well once the new line comes in. .50 cents would be a steal my friend. cheers
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