CanAsia Energy Corp V.CEC

Alternate Symbol(s): CECAF

Energy Oil & Gas E&P

CanAsia Energy Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The Company, through its subsidiary, Andora Energy Corporation, is focused on developing the bitumen resources at the Sawn Lake property using steam assisted gravity drainage (SAGD) development. The Company has working interests in, four heavy oil sand leases with 27 sections (24.25 net sections) of Sawn Lake Alberta Crown oil sands leases within the Alberta Peace River Oil Sands area. In the Sawn Lake Central area, it operates with a 100% working interest in two oil sands leases with 11 gross sections (8.25 net sections). In the Sawn Lake South area, it operates with a 100% working interest in three oil sands leases with 16 gross sections (16 net sections).

TSXV:CEC - Post by User

CanAsia Energy Corp > No one lining up to buy above $1.05

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Comment by nozzpackon Feb 09, 2022 9:04pm

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Post# 34415006

RE:RE:RE:RE:No one lining up to buy above $1.05

No I added to my substantial position in Valeura.....can't go wrong buying $0.62 in cash for $0.45.

But, I have a hoard of cash just waiting to buy POE stub on Friday in the $0.60-$0.70 range .
I have great confidence in my due diligence and it could be a double bagger for me if Valeura is the Suitor here, which I think will be the case.

You don't often get these double doubles each of which overflowing with cash and each seeking new energy conquests, although I am not sure about POE...they may just sell all assets without re investing ....not my first choice .

Good luck here to all..

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