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Bullboard - Stock Discussion Forum Celtic Exploration Ltd CEXJF

GREY:CEXJF - Post Discussion

Celtic Exploration Ltd > SCS and TID vs CLT
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Post by micromega on Oct 17, 2012 1:16pm

SCS and TID vs CLT

CLT  made  a great  sale  and  they  sold  their  gassy  company  (80%   gas)   for  100,000  $/boepd.

Good  deal  although  CLT   was  already  trading   for    24x    its  FFO   annualized. 

 

I  believe  that   SCS.TO  (Second  Wave - 80%   oil)    and  TID.TO (Tuscany  Intl  Drilling)    are  grossly  undervalued.

Both  are  profitable  with  pbv  much less   than  1   and  and  and.....

We  will  see....

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