Cequence Energy Ltd Common CEQXF

Now Cormark is into it...more

[xdmmdx3]

semi trailers of stock going by...100k here and 100k there worth of stock...eventually you are talking about a lot of money!  I'm guessing with positioning like this at these levels they must be expecting much more than a $1/share out of this one.  Can't say I blame them either, seeing that most people don't understand the difference between natgas and the rich sweet NGL that CQL has here.

Eventually it will be understood, once Cequence is trading over $4 is my guess.  Can't say whether a major is gunning for them yet, but with over 10k BOE /day, I guess it wouldn't be such a surprise.

Celtic has a market cap approaching $2 Billion and if I understand correctly, they are producing ~20k BOE/day.  That being said, with Cequence having roughly ~10k BOE/day of similiar NGLs one would guess that the market value should be somewhat similiar by dividing by 2.  If CQE had a market cap of $1 Billion, the stock would be trading at $8/share.

Now this is simple math, I'm not predicting anything, just giving information.  I think I understand now why huge blocks are moving through here, from the people that don't understand to those that do.

Good luck to all,

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