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Kicking Horse Energy Inc. V.CEX



TSXV:CEX - Post by User

Comment by righand2on Aug 10, 2015 8:30am
63 Views
Post# 24002441

RE:DCK Initial PP - Could spell more downside - bottom near?

RE:DCK Initial PP - Could spell more downside - bottom near?
Valueseek1982 wrote: Just trying to avoid a company that becomes a redcliff (sold to paramount for a song in 07/08, basically became their Kakwa position)


I don't think you have to worry about that, as KCK cash flows enough at today's energy prices to maintain production at the present level. There aren't a lot of companies that are able to do that in this price environment. So when prices do recover, KCK will be in a good position.
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