RE:RBC brokerage valuation of CCCPGThere are good reasons the valuation in the oil patch are increasing across the board - CPG included. CPG is terribly underavalued at the current WTI. It's clear now that they can repay their debt and do all those nice things they said they could do for us shareholder.
The only question is if they do it. That's the world right now. Everyone can see CPG can make more than enough money to easily cover the aquisitions. A few years ago, with the struggling price of oil, all that debt made people nervous.
I won't reduce conversation on this board down to conspiracy theories - "banksters, hucksters and liars". There is a place for that in the world of investments but if that's your only story, frankly, people won't listen. We have a good thing going right now. We're ground floor investors in what could be potentially be a mega-bull cycle on oil stocks. Strap in. You might even recover you losses.