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Kicking Horse Energy Inc. V.CEX



TSXV:CEX - Post by User

Comment by statesideon May 21, 2012 3:27pm
136 Views
Post# 19931256

RE: RE: Since CEX did not join in on the discovery

RE: RE: Since CEX did not join in on the discovery

Come September, if CEX hits like on the first one, they will be doing 2,000 bpd of condensates net to them.  At $50,000 per flowing barrel (conservative based on similar area transactions), that's a $100 million market cap or over $.50/share.  Then they have over 100 more wells to go LOL. 

My only fear is that they get taken out too soon.

 

stateside

 

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