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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum
CanAsia Energy Corp
V.CEC
Alternate Symbol(s):
CECAF
Energy
Oil & Gas E&P
CanAsia Energy Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The Company, through its subsidiary, Andora Energy Corporation, is focused on developing the bitumen resources at the Sawn Lake property using steam assisted gravity drainage (SAGD) development...
. The Company has working interests in, four heavy oil sand leases with 27 sections (24.25 net sections) of Sawn Lake Alberta Crown oil sands leases within the Alberta Peace River Oil Sands area. In the Sawn Lake Central area, it operates with a 100% working interest in two oil sands leases with 11 gross sections (8.25 net sections). In the Sawn Lake South area, it operates with a 100% working interest in three oil sands leases with 16 gross sections (16 net sections).
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Bullboard (TSXV:CEC)
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(3452)
•••
nozzpack
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Comment by
nozzpack
on Feb 09, 2022 9:04pm
RE:RE:RE:RE:No one lining up to buy above $1.05
No I added to my substantial position in Valeura.....can't go wrong buying $0.62 in cash for $0.45. But, I have a hoard of cash just waiting to buy POE stub on Friday in the $0.60-$0.70 range . I
...more
(26)
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bullhorn3
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Comment by
bullhorn3
on Feb 09, 2022 5:09pm
RE:RE:RE:No one lining up to buy above $1.05
On Feb 2 nozzpack said "I sold near the top here and just about doubled my cost base of $0.70 per share" so I assume that he owns no POE shares now, so he keeps bashing without having any
...more
Sparta's ERS First to Add Advanced A.I. Nanotechnology in the Recycling Stream
posted Nov 14, 2024 9:00am by
Sparta Capital Ltd.
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"We are beyond excited about NeoSort. It has the potential to catapult the recycling process in a way we wouldn't have imagined just a few years ago. This nanotechnology can do something conventional recycling has been unable to master until now ...read more
(24)
•••
radcat
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Comment by
radcat
on Feb 09, 2022 4:57pm
RE:RE:No one lining up to buy above $1.05
Nozz, since your distribution is in the bag, I am willing to purchase all of your shares for $0.60 now. I want to save you the pain and agony of watching your share plunge. Whatcha say? You are long
...more
(26)
•••
bullhorn3
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Comment by
bullhorn3
on Feb 09, 2022 3:24pm
RE:No one lining up to buy above $1.05
Is the market always right?. You said "So residual value after the $0.40 dividend will be reduced to about $0.60 per share" (i.e. $0.40 + $0.60 = $1.00) but people are now buying at $1.30 so
...more
(3452)
•••
nozzpack
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Post by
nozzpack
on Feb 09, 2022 11:49am
No one lining up to buy above $1.05
The market is always right...
(3452)
•••
nozzpack
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Comment by
nozzpack
on Feb 08, 2022 7:08pm
RE:Malcolm, Chen, & Nozz
$2 ? After $0.40 Divy ? Chen Lin has terrible record . Never chase a pied piper..
(24)
•••
radcat
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Post by
radcat
on Feb 08, 2022 5:14pm
Malcolm, Chen, & Nozz
Malcolm Shaw comments (Oct 4th, 2021) I don’t expect to make a big score here, but I can easily make a case that the stock is worth $2 based on what I know today Chen Lin comments (Jan 24th
...more
(3452)
•••
nozzpack
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Comment by
nozzpack
on Feb 08, 2022 5:01pm
RE:RE:Potential Suitor
My dear friend , they sold the producing Turkey shallow assets for excellent cash , but still searching for a JV partner for the Deeps. Valeura rode to $7 on the Deeps drilling and there is a
...more
(26)
•••
bullhorn3
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Comment by
bullhorn3
on Feb 08, 2022 1:44pm
RE:Potential Suitor
nozzpack posts in a number of company's bullboards and VLE is one of them. I was interested in VLE a year ago and they are in even worse condition now than they were then. I'll bet that
...more
(3452)
•••
nozzpack
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Post by
nozzpack
on Feb 08, 2022 12:22pm
Potential Suitor
My call is Valeura Energy ..VLE $0.45 ..,.which has $54 million in cash, a large tenement in the Thrace Deeps of Turkey, no debt and looking for its next cash producing asset. Trading below cash
...more
(3452)
•••
nozzpack
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Comment by
nozzpack
on Feb 07, 2022 4:42pm
RE:Statistical Estimates of Net Asset Value
My apologies for errors in my estimates of reserves NAV Assumptions in which the reserve Report is based.. The capital cost and operating expense inflation rate is 0% per year in 2022 and 2.0
...more
(26)
•••
bullhorn3
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Comment by
bullhorn3
on Feb 07, 2022 10:22am
RE:RE:RE:Record Date and Effective Date
I think you are wrong. Here is the key statement: "The purpose is to result in traded shares carrying the value of the $0.40 distribution until it is paid." So, until Feb 11, shares traded
...more
(3452)
•••
nozzpack
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Post by
nozzpack
on Feb 05, 2022 11:04am
Statistical Estimates of Net Asset Value
This can be approximated by anyone through a few calculations. The key here is the value of the Thai investment, the net book value and quarterly oil prices. Quarter Oil Prices
...more
(24)
•••
radcat
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Comment by
radcat
on Feb 05, 2022 10:19am
RE:RE:RE:Chen / Energy Report
Now that we have the reserves report, when will numerous third parties present their offers? Our barrels are worth more, we are doing 12 workovers, and drilling 3 new DD wells. All this should be
...more
(26)
•••
bullhorn3
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Comment by
bullhorn3
on Feb 05, 2022 9:18am
RE:RE:Chen / Energy Report
Radcat, I agree. Using US$93 instead of US$75 gives a 24% increase in Chen's NPV numbers (i.e $1.35 and $1.54). How long will Brent stay high? Maybe long enough to pump a lot of value from the
...more
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