CanAsia Energy Corp V.CEC

Good Luck

[crocks31]

I've been invest in POE for the better part of 12 years; initially got in for the Indo potential home run; the first time back in 2012 then the share price dropped as they couldn't drill the depth requried.

Stock traded sideways for many years then we had the second run at indo a couple years back; a duster; very disappointing.

Fortunately thailand really stepped up and they found lots of oil and that turned things around; turned a pretty significant loss into a nice profit but if you look at what i've made over the 12 years compared to the indexes it's not as great. Microsoft would have been much better!

I've finally cashed out completely selling all shares this morning.  The way i look at it Thailand is valued at a dollar and they have $7.1M in the bank so that gives it a value of 14 cents for the cash so roughly $1.14 overall.  The unknown as just discussed today is the sawn lake value which could be significant or it could be nothing.


All i know is after 12 plus years i'm not going to be waiting around to find out.  Good luck to all of you but i won't be following or posting on this stock board again.

GLTA.

[windymayor1]

Ok. Same here. I have been in since Sawne Lake which was the first domestic acquisiton after they purchased Tiger Petroleum in Thailand.  Since they will be paying a $0.991/sh cash distribution in August,  owning the stock here at $1.11 will be, after the payout, a $0.12/sh cost. Also much capital has been spend over the years on the Andora project and the initial test well came in at

[nozzpack]

Thank you for your historical investing experience with POE. Not unlike mine with the earlier disappointments . Likwise, Thailand saved the day after which I more than doubled my investment variably relative to my core holding . Chisholm has 6 months or so to settle on his target. With his accrued experience , I am betting that his due diligence has a fortified backing. Either one of the two