TSXV:CEN.H - Post by User
Comment by
vlieton Apr 09, 2009 6:19pm
274 Views
Post# 15909504
RE: RE: RE: NAV of $6.78 is a joke
RE: RE: RE: NAV of $6.78 is a jokeWell said Calif!! It looks to me like the market is starting to figure out that CEN is undervalued. Not much for sale given the % rise in the last couple weeks. I bought some more today as I just can't find better value in oil out there. The Chinese bought more cars than Americans again last month and unlike in the US they aren't just upgrading a car and selling the old one for scrap metal. The Chinese are continually putting more cars on the road. There is going to be such a massive fuel shortage once the world economies pick up that oil will go parabolic upward. In a healthy oil market CEN would be north of $10 by now and it would be undervalued still.