Cobra Venture Corp V.CBV

Alternate Symbol(s): CBVTF

Energy Oil & Gas E&P

Cobra Venture Corporation is a Canada-based energy company. The Company is focused on the acquisition, development and production of strategic petroleum and natural gas interests in Western Canada. It is focused on two projects located in the Southwest of Saskatchewan, Canada, and central California, United States. Its projects include GULL LAKE, Saskatchewan Project and SAN JOAQUIN BASIN, California Project. It owns a 14.665% non-operated working interest in GULL LAKE, Saskatchewan Project, which comprises of nine oil wells, plus gathering and disposal facilities. It is focused on development of oil and gas production in San Joaquin basin.

TSXV:CBV - Post by User

Cobra Venture Corp > CBV is a $1 stock by end of 2022...DYODD

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Comment by Roddiggition Apr 18, 2022 2:44pm

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Post# 34610795

RE:RE:CBV is a $1 stock by end of 2022...DYODD

Cobra makes 1-2 cents earnings per quarter this year and they get those 3 wells drilled, it's worth more than 50 cents. Have to keep in mind that the float is only 16 million shares. They made almost $200k last quarter with $75 oil. I'm almost certain that the $500k cash paid out on that divy has already been recouped, based on estimated Q1-Q2 income.

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