Carcetti Capital Corp V.CART.H

RE:RE:RE:RE:Volume picking up

[Bobwins]

While Cub had some "animal spirits" for awhile, reaching C$.08, it has fallen back and needs fundamental news to break out.  They need some actual increases in production, which will probably take until later in the year to achieve.  

The fact that Cub relies on their partners to do, up till now, all their drilling makes it harder for Cub to forecast when and if increases are coming.  Also the bottom line increases to CUB are always less than reported results because of the partnership splits involved.  

I am hoping this is the year that Cub decides to risk it's own capital and drill one or more wells on their own.  Hopefully their partners will increase production on Cub land so that they will have increased cashflow to buffer any unfortunate drill results.  That's, of course, the plus/minus of drilling for yourself.  You get all the production and rewards but also suffer all the downside if the well is not successful.  

Should be an interesting year.  They definitely have lots of potential to increase production and cashflow.