TSXV:CEN.H - Post by User
Comment by
vlieton Nov 16, 2008 9:59pm
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Post# 15589909
RE: RE: RE: RE: Nice Pop - Almost 30% Today
RE: RE: RE: RE: Nice Pop - Almost 30% TodayYes they are building a nice oil company here. I like the idea of guiding a little low for the end of the year. The market has been harsh on any stock missing guidance even if they are growing substantially. I think with last years markets and the news we've had thus far this stock would be trading north of $8 by now. Yet here we sit at $2 and I wouldn't be surprised if we pulled back some on Monday given the bounce we had on Friday. I just can't get over how well the A-01 well has produced. As Calif said this was not the expectation. This field was supposed to be low risk but with each well producing at 1500 bpd or so. That 5000 bpd well blew me away. Now we have a field that is easy to drill and complete due to the calm waters in that area and the first well came on with a huge flow rate. What more could one ask for from this company? Well done so far IMO.