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 10, 2022 12:47pm

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Post# 34417178

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

You must face the fact that before the ROC of $0.40 was announced, the share price traded in the $0.90 to $1.05 range.

$0.40 in cash is being removed from that asset pile now, so I can't see the share price trading at $0.90 for very long, particularly as some shareholders will dump the stub tommorow AM.

I could be wrong because as retail investors there are always things that we don't know.

But don't sell today because of my views.....you could be right and me wrong ..

Good luck on your investment here..

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