TSXV:CEN.H - Post by User
Post by
nedbradonon Jul 22, 2010 11:33am
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Post# 17288398
international oil and gas
international oil and gasAnyone follow this co? Cirrus Energy (CYR) I love international oil and gas and this seems to be the most undervalued of the bunch.
Seems like an opportunity at a $61 million cap. Getting Management, Properties and Technical Team essentially for free.
Structure:
88 million outstanding
$60 million in cash
$10 million in cash flow in 2010
$19 million in debt.
NAV - $1.40
Bob Disbrow, probably the most savvy investor in Canada is disclosed to owning 17% of the company.