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CanAsia Energy Corp V.CEC

Alternate Symbol(s):  CECAF

CanAsia Energy Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The Company, through its subsidiary, Andora Energy Corporation, is focused on developing the bitumen resources at the Sawn Lake property using steam assisted gravity drainage (SAGD) development. The Company has interests in 27 sections (24.25 net sections) of Sawn Lake Alberta Crown oil sands leases within the Alberta Peace River Oil Sands area. In the Sawn Lake Central area, it operates with a 75% working interest in two oil sands leases with 11 gross sections (8.25 net sections). In the Sawn Lake South area, it operates with a 100% working interest in three oil sands leases with 16 gross sections (16 net sections).


TSXV:CEC - Post by User

Bullboard Posts
Comment by hiya1969on May 01, 2020 3:50pm
208 Views
Post# 30977618

RE:RE:POE Shareholder Rights Plan

RE:RE:POE Shareholder Rights Planplease explain to me why they would sell now ? is now the perfect time ?, they dont need money............millions in the bank, Thailand making money............ more money to come, no overhead.............oil worth nothing. My opinion is these guys are waiting it out, buying back the max amount each month only strengthening their 's and our position. What could be the reason to sell now ?...............theyre in no rush, wait for things to stabilize then maybe............but now.............i dont think so...........IMHO
Bullboard Posts