Cathedral Energy Services Ltd T.CET

Tiny $8 million market cap

[auburn2]

As I said, it's going to be tough to accumulate meaningful positions in this stock, and it's an important stock because of the tiny market cap and share count despite shareholders' equity of ~$50 million even after all the impairments to get to this point. No net debt, yet extraordinary price leverage as this bull market in oil gets going, and I've heard it should last 5-6 years. A $6 share price should be achievable. Do the math.

[Adonis1411]

Please do tell where you pulled $6 a share from. I would love to be enlightened how the 4th largest directional driller in Canada (maybe 3rd) and probably the 14th largest in North America is somehow going to grow their market cap from $8 mil to $300 million. Enlighten us.

[auburn2]

I didn't pull it out of thin air. I'm just an experienced market participant who understands cycles and valuations. $6 can be conservative depending on how things transpire. As said, one I've been listening to because he's an excellent market participant, suggests those buying now and selling in 5-6 years will make millions. He says many "nimble traders" will get left