GREY:CNKEF - Post by User
Comment by
CBalardoon Apr 19, 2019 9:54pm
78 Views
Post# 29650162
RE:RE:RE:RE:RE:RE:COP's heavy spending for Blueberry Montney (C$4,400/acre)
RE:RE:RE:RE:RE:RE:COP's heavy spending for Blueberry Montney (C$4,400/acre) What ever we all think about the value of chinooks land we know now that thirteen miles away we have to great test wells to help bring total value of land holdings up. Those wells are closer to black swan and the existing are closer to Storm. I think they where pretty fair valuing at 400 per acre in the last report if my memory serves me correctly. The value was 150 million even with the low evaluation. Who knows they may sell all the equipment that is worth millions, and sell the rest separate. There is lots of money coming to the area and this company will not not get overlooked. The great part is we are surrounded by companies already all bigger than us and there’s not many grey empty spots left it’s sll taken up. My larger gas stocks are doing better now, but Chinook looks like a buy. Once things kick up we have the equipment ready to go. 30 million with no debt market cap seems too low. I would like to hear what you guys on this message board think about the current valuation of the stock and what you think would be fair ask price.??