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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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Chinook Energy Inc. Common CNKEF

Energy Oil & Gas E&P


GREY:CNKEF - Post by User

Chinook Energy Inc. Common > CKE proforma Tournament and LXE, TET, NVA, SRX
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Comment by spoiledsuzyon Jun 15, 2016 4:09pm
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Post# 24968767

RE:RE:CKE proforma Tournament and LXE, TET, NVA, SRX

RE:RE:CKE proforma Tournament and LXE, TET, NVA, SRX
Alliance ATP is $1.84 Canadian according to https://www.firstenergy.com/serve-document?type=marketcommodity&docID=4271

I'm assuming Alliance takes a good chunk of the profits. It looks to me like they separated their premium more oily assets into the deal made with the private company Tournament. Either way, CKE is a story to hold and come back to in 3 years. The returns should be good, but these are undoubtedly tough times. Management is top notch and doing what it can.
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