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ADIRA ENERGY LTD V.ADL

"Adira Energy Ltd is engaged in the energy sector. It is an oil and gas exploration company focused on early-stage exploration. The company has an option to hold interests in approximately two licenses, such as the Myra License and the Sara License. The Company does not have any oil and gas reserves and does not produce any oil or gas. The Company held interests in approximately two Israeli offshore petroleum licenses, including the Gabriella License No. 378 and the Yitzhak License No. 380."


TSXV:ADL - Post by User

Post by ValueHunter92on Apr 07, 2016 10:22am
278 Views
Post# 24740448

Huge opportunity here

Huge opportunity hereHi there, the PDQ stock is a real gem,

Company has 0 debt, 750 000$ in cash, and 2,1 millions in asset, + royaltys of net 400 000$ / year, they just gave back 20 millions to investors, the price a dropped alot, it's not at a huge discount

book value is 9cent a share + 2cent from the latest payment to investor : making it a 11c/share

Huge buy, easy tripple up (at least double up in days)

Regards
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