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International Frontier Resources Corp V.IFR

Alternate Symbol(s):  IFRTF

International Frontier Resources Corporation is a Canadian company, which is focused on advancing oil and gas projects. Through its Mexican subsidiary, Petro Frontera S.A.P.I de CV (Frontera) and strategic joint ventures, it is advancing the development of petroleum and natural gas assets in Mexico. It also has projects in Canada and the United States, including the Northwest Territories, and Montana.


TSXV:IFR - Post by User

Post by CasWilon Sep 11, 2013 4:28pm
320 Views
Post# 21733591

IFR numbers ....

IFR numbers ....... These are all the numbers I can see:

CMV book value is $6.8M ... Evaluation has it at a conservative $22M (from Jun/13 financials)
IFR has a little less than 60M shares outstanding and a Book Value of $0.21/shr

IFR is undervalued and can easily hit  >$0.50 in the short term ... Not to mention any "special" payouts when/if the sale of the CMV lands hit.

All IMO ... Go IFR!!! ... this one is an absolute Panda Pounder!!!
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