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Bullboard - Stock Discussion Forum Delphi Energy Corp. DPGYF

Delphi Energy Corp is a mining company. It is engaged in the acquisition for an exploration, development, and production of crude oil, natural gas and natural gas liquids in Western Canada. The company's core area is uniquely positioned in the Deep Basin of Bigstone in northwest Alberta.

GREY:DPGYF - Post Discussion

Delphi Energy Corp. > 42 X Gain to $3.78 for DEE 2014 Market Cap
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Post by RichyRich$ on Aug 17, 2019 10:38pm

42 X Gain to $3.78 for DEE 2014 Market Cap

DEE Market Cap in 2014 was $703 Million. Its now $16.7 Million. If we got back to 2014 Market Cap, we'd be at $3.78/share. Am I expecting 42 X Gain? No. I'll take 10 X Gain :) We should realistically get back to $1.00/share. They have a Cash Flow Positive plan to pay down debt and increase production from new wells. Condensate NG demand on the rise. I'm hoping for a buyout.
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