CanAsia Energy Corp V.CEC

Alternate Symbol(s): CECAF

Energy Oil & Gas E&P

CanAsia Energy Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The Company, through its subsidiary, Andora Energy Corporation, is focused on developing the bitumen resources at the Sawn Lake property using steam assisted gravity drainage (SAGD) development. The Company has working interests in, four heavy oil sand leases with 27 sections (24.25 net sections) of Sawn Lake Alberta Crown oil sands leases within the Alberta Peace River Oil Sands area. In the Sawn Lake Central area, it operates with a 100% working interest in two oil sands leases with 11 gross sections (8.25 net sections). In the Sawn Lake South area, it operates with a 100% working interest in three oil sands leases with 16 gross sections (16 net sections).

TSXV:CEC - Post by User

CanAsia Energy Corp

Bullboard Posts

Comment by bxjuon Dec 11, 2015 1:30pm

285 Views

Post# 24377306

RE:RE:RE:POE

righand2 wrote:
Chen also liked MMT and a gold company that went bankrupt. So much for that.

Chen recommended MMT at $0.16, MMT paid dividends of .05 qtr for about 2 years, then cut it to .02 then to .01. Because of the dividend, anyone who bought on his first recommendation made good money on the stock even if they never sold. Most sold some or al for a very nice profit and many when the dividend was cut or stopped but even if you still own today, you are well ahead if you bought when he first recommended it.

Bullboard Posts

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