GREY:CNKEF - Post by User
Post by
ferret_caon Mar 25, 2017 8:16pm
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Post# 26031331
CKE = very bad investment
CKE = very bad investment
a lot of small cdn nat gas [roducers will not survive imho, including some in the montney, especially the ones with very low ngl's like cke for example. this stock has been a waste of time and money for it's investors. funny how one idiot has to go around bashing others to attract attention to this pofs. tff.
cke last 3 wells 1 at 4%ngls 1 at 6% ngls and one at around a so so 12%. these won't cut it. lots of nat gas pipeline downtime this year plus american producers squeezing out cdn gas only the big fish will get their product to markets where they can make money, the tou, vii, eca and bir and maybe a very few others should be able to, the likes of cke haven't got a chance.
time for a reality check for you people in cke, move on and make better use of your money, cke is going nowhere, their land is not prime montney land and their ngls are miniscule.
cheers and better luck next time, ferret