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Cobra Venture Corp V.CBV

Alternate Symbol(s):  CBVTF

Cobra Venture Corporation is a Canada-based energy company. The Company is focused on the acquisition, development and production of strategic petroleum and natural gas interests in Western Canada. The Company owns an approximately 14.665% non-operated working interest in GULL LAKE, Saskatchewan Project, which comprises of nine oil wells, plus gathering and disposal facilities. The project is located in the Southwest of Saskatchewan, Canada.


TSXV:CBV - Post by User

Comment by Roddiggition Apr 18, 2022 2:44pm
172 Views
Post# 34610795

RE:RE:CBV is a $1 stock by end of 2022...DYODD

RE:RE:CBV is a $1 stock by end of 2022...DYODDCobra makes 1-2 cents earnings per quarter this year and they get those 3 wells drilled, it's worth more than 50 cents. Have to keep in mind that the float is only 16 million shares. They made almost $200k last quarter with  $75 oil. I'm almost certain that the $500k cash paid out on that divy has already been recouped, based on estimated Q1-Q2 income. 

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