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Invicta Energy Corp V.VCA



TSXV:VCA - Post by User

Comment by mooremanon Jan 24, 2013 9:12pm
186 Views
Post# 20887750

RE: RE: RE: RE: Something is cookin

RE: RE: RE: RE: Something is cookin

There's undoubtedly some underlying fundamentals supporting the price appreciation from the high teens to consolidation in the 0.285-0.30 range for the last month and break through today to the 52 week high of 0.32 on heavy volume.  As we know, projected production rates and accompanying financial metrics (earnings, cash flow multiples) could easily support a share price closer to the 0.50-0.60 range.

 

Interesting times ahead for VCA holders.

 

Have a great weekend.

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