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Kaymus Resources Inc V.KYS.H

Kaymus Resources Inc. is a Canada-based company, which is engaged in the exploration, acquisition, and development of petroleum and natural gas projects in the Western Canadian Sedimentary Basin (WCSB). The Company holds a 100% working interest in two proposed oil locations producing out of the Cardium and Viking formations. The Sylvan Lake, Alberta property is located near the town of Sylvan Lake, Alberta in townships 36 and 39, Ranges 1 and 3 W5M.


TSXV:KYS.H - Post by User

Post by Roddiggition Jan 15, 2022 2:32pm
188 Views
Post# 34320564

Kaymus also has reserves of over 500,000 barrels equivalent

Kaymus also has reserves of over 500,000 barrels equivalentStill mind blowing that Kamys trades at such a discount when you consider the following:

1) 23 million shares outstanding
2) 45% insider holdings
3) $1.2 million in cash/investments
4) Yangarra management team runs it
5) Own mineral leases and royalties in the same area as Yangarra
6) Have a 51-101 with over 500,000 net barrels equivalent (light oil & gas)
7) Cleanest operation when it comes to minimum G&A costs and basically zero liabilities on the books

Should be 15-20 cents just on the potential. 
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