DD on CAJ
Most Undervalued Potash and Coal Stock --------- CAJ.V
Target price: $1.00
Potash Properties Eyehill Creek Property, Saskatchewan-Alberta border
CAJ’s newly approved permits encompass 453,058acres of lands prospective for potash located on the Saskatchewan-Alberta border. Canasia plans to complete a National Instrument 43-101-compliant report.
Comparing to all potash junior stocks, CAJ has a significant potash property package but sp is trading as lowest price (of June 13):
SymbolsPrice CAD
POT.TO 232.12
MGO.TO 9.33
HF.TO11.34
ALS.TO12.4
API.TO 8.83
AAA.V 0.76
AGP.V8.12
ALM.V5.86
APV.V 2.03
CAJ.V0.40
GM.V 0.49
AIX.V 0.50
KCL.V 4.44
MAA.V3.38
MAN.V2.25
PON.V3.22
RAY.V 1.42
RBV.V1.8
VUL.V1.1
WPX.V1.82
Potash Mining Properties In Saskatchewan/Alberta border area
https://www.athabascapotash.ca/images/operating_mines.gif
Coal properties: GXS Area Play,
CAJ will be one of the earliest companies to get the coal permits!!! CAJ is one of the hottest area plays of GXS coal discovery.
- WGF submitted the application in end April, and got the comfort letter on May 27
- CAJ submitted the application on May 2 and got the comfort letter on May 28.
- SMI submitted the application on May 2 and got the comfort letter on May 28.
And CAJ applied more coal permits in May 13 and June 9.
GXS’s sp has been soaring up from 30 cents to $11 in a month, suggests investors think the deposit could be significantly bigger. As an early bird, CAJ will take off sooner then later.
CAJ is the earliest area play getting noticed by market. CAJ was covered by Street Wire in May 5. Check the news here.
https://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-C:CAJ-1487714&symbol=CAJ&news_region=C
Share structure
Shares Issued 49,459,841
Market Cap 19.78 million
Web Links
https://www.canasiaind.com/ Presentations, maps, will be available soon
www.sedi.ca
www.sedar.com
https://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=Z-C:CAJ-1487714&symbol=CAJ&news_region=C
https://www.nationalpost.com/todays_paper/story.html?id=500351
https://uk.reuters.com/article/hotStocksNews/idUKN1333156520080613
https://network.nationalpost.com/np/blogs/tradingdesk/archive/2008/05/01/coal-investors-turn-their-sights-on-canada-s-prairie-province.aspx
https://www.athabascapotash.ca/images/operating_mines.gif