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Candax Energy Inc CXEYF

Energy Oil & Gas E&P


GREY:CXEYF - Post by User

Candax Energy Inc
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Comment by coorsmanon May 15, 2007 8:40am
450 Views
Post# 12781258

RE: Presentation update now on website

RE: Presentation update now on website"Are they trying to say that their cash, Madagascar, Ezzouria and El Bibane, etc are only worth $.98?" Those are their hard assets, 2P reserves and cash on hand. The NAV is .98, which makes the share price look pretty cheap right now. That is with absolutely NO success this year. As you can see, there is a heck of a lot of upside, with very little downside, if any at all.
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