TSXV:CEN.H - Post by User
Comment by
CalifDreamingon Nov 15, 2008 1:40am
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RE: Nice Pop - Almost 30% Today
RE: Nice Pop - Almost 30% TodayDon't get too excited - it was low volume today - any size sells that come will drop it in a heart beat again - I hope they do - I sold a few (nice to see $2 again) and hope to rebuy next week in anticipation of good results from drilling A-07. \
And few are watching closely - they announced the well results on Wednesday, it dropped on Thursday and only saw minor buy interest today.
CEN is popping up on a few radar screens - few companies enjoy 100% interest in 5000+ bpd wells, let alone multiple wells. The only shame is that Swiber F'd them over for so long and CEN wasn't able to announce these wells when oil was 100% higher than now.