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Kicking Horse Energy Inc. V.CEX



TSXV:CEX - Post by User

Comment by Slyincalgaryon Oct 21, 2014 11:54am
216 Views
Post# 23047313

RE:RE:drop

RE:RE:dropAlso the financing deal was done at .37 cents. Almost all recent bought financings have reduced the stock price back to the financing amount. I haven't read the deal but I really don't think CEX did badly in this deal. Added a lot of land in a key area. I am going to read it completely when I get a chance later today. This is a pretty smart group so I doubt they would do something that would devalue their position. The Riddell family, large position holders in CEX, have made a lot of money in this area with Paramount, I have some faith. I actually bought a little more at .36. Anything under the finance price long term is usually a good buy.
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