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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... see more

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Bullboard (TSXV:CEC)

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Comment by bullhorn3on Aug 24, 2022 8:05pm

RE:RE:RE:The Cost of Oil Production from 2014 FP (Rystad Energy)

Are you suggesting 1) overthrowing CanAsia management by forcing a vote on a new set of directors (you, me and some other Stockhouse posters) or 2) forming a new company composed of disgruntled ...more

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Comment by radcaton Aug 24, 2022 5:33pm

RE:RE:The Cost of Oil Production from 2014 FP (Rystad Energy)

Better yet, lets buy Sawn Lake ourselves! At 5 cents per Canasia share that is only $2.5 million with over $7 million ($0.14 per new share) in the bank. As of this afternoon 1 POE share worth $0.78.8 ...more

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Comment by nozzpackon Aug 24, 2022 11:30am

RE:The Cost of Oil Production from 2014 FP (Rystad Energy)

Yes, thats why many are selling today, as the only cash being received is about $1.00 depending on CAD conversion. Ar $1.20, to break even, the CanAsia will need to trade abouve $0.10 which seems ...more

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Post by bullhorn3on Aug 24, 2022 10:09am

The Cost of Oil Production from 2014 FP (Rystad Energy)

Comparison of Oil Sands (Sawn Lake), Deepwater (Valeura), Onshore (POE),... Costs may have improved or deteriorated but a comparison still gives insight.

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Comment by nozzpackon Aug 24, 2022 9:21am

RE:Approval

Very fast, with Canasia opening its listing on Monday. I fully expected to see mass dumping of CanAsia next week , in the absence of early development not involving burning of the modest cash position ...more

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Post by Lucky2021on Aug 23, 2022 3:46pm

Approval

Well done guys ,lets sell Alberta assets and focus on growing Canasia!!!

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Post by radcaton Aug 23, 2022 3:16pm

99.6% Approval

PAN ORIENT ENERGY CORP. - SHAREHOLDER APPROVAL OF ARRANGEMENT V.POE | 20 minutes ago CALGARY, AB, Aug. 23, 2022 /CNW/ - Pan Orient Energy ...more

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Post by PressReleaseon Aug 23, 2022 2:54pm

New Press Release - PAN ORIENT ENERGY CORP. - SHAREHOLDER APPROVAL OF ARRANGEMENT

CALGARY, AB, Aug. 23, 2022 /CNW/ - Pan Orient Energy Corp. ("Pan Orient") (TSXV: POE) is pleased to announce that its shareholders overwhelmingly approved, at a special meeting held earlier today, the previously announced, on June 6, 2022, arrangement under the Business Corporations Act (Alberta)...read article.

Comment by quicksilver545on Aug 23, 2022 12:29pm

RE:Today's Meeting

lol give them a minute, it started at 9am and it's only 10:30.. Wish there was a zoom link. Also, did others not get proxy materials? I couldn't even vote as i didn't get any materials to ...more

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Post by bullhorn3on Aug 23, 2022 12:22pm

Today's Meeting

Did anyone attend? What happened? Nothing posted on POE website or here.....

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Comment by nozzpackon Aug 22, 2022 7:49pm

RE:RE:RE:RE:Record Date

I agree. Sawn Lake will be a drag on our cash position while management continue to get paid regardless how low oil prices are. This is a retirement listing for management..

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Comment by radcaton Aug 22, 2022 4:46pm

RE:RE:RE:Record Date

Canasia will not bring on Sawn Lake with CWS continues to trade lower. It will be a dormant asset stiing there waiting for oil to resume its climb. If the shares trade at some rediculous price, say 5 ...more

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Comment by nozzpackon Aug 22, 2022 10:56am

RE:RE:Record Date

The reason is that we will have along wait for our money, especially the Canasia spinout. Market volatility if not recessionary collapse could happen in the interim. This is a much different ...more

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