CanAsia Energy Corp V.CEC

Alternate Symbol(s): CECAF

Energy Oil & Gas E&P

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 working interests in, four heavy oil sand leases with 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 100% 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

CanAsia Energy Corp > At 1.28 C/sh, are we undervalued?

<< Previous

Bullboard Posts

Next >>

Comment by bullhorn3on Jan 20, 2022 9:18am

167 Views

Post# 34336759

RE:RE:RE:At 1.28 C/sh, are we undervalued?

Thanks for your explanation. I am not experienced enough to analyze your calculation, so I will defer to radcat, nergy and others. What usually happens to me is that in spite of all the care that people take in making these calculations, the real world is less friendly... but I sincerely hope that POE breaks that paradigm.

<< Previous

Bullboard Posts

Next >>

How a junior advances one of the largest undeveloped diamond projects