Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Claren Energy Corp T.CEN


Primary Symbol: V.CEN.H Alternate Symbol(s):  CNENF

Energy Oil & Gas E&P
Claren Energy Corp. is a Canada-based company. The Company’s principal business is the acquisition and exploration of petroleum and natural gas properties.


TSXV:CEN.H - Post by User

Claren Energy Corp
Bullboard Posts
User Avatar Image
(0)
•••
Comment by CalifDreamingon May 06, 2009 8:24pm
320 Views
Post# 15972897

RE: RE: RE: Financing - really positive price poin

RE: RE: RE: Financing - really positive price poinTrust me, I'm fully aware of the share price movement over the last year (CEN is my biggest position)

As for the scam comment, it was more perjorative than I meant.  I was pleased at the relatively low dilution, the relatively good price (vs recent prices over the last few months) and the fact they got a Bought Deal done without warrants. 

However, I am convinced that the share price was artificially capped despite the excellent reserve news that was recently released - on the back of the increased reserve numbers, RBC raised their target ~60%, yet the share price didn't budge even with a buoyant market and the strongest oil prices since last November...

That gripe aside, I'm looking forward to a significantly higher share price in both the near and long term.  With any decent drilling success, CEN is a double digit stock - a triple from current levels.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities