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Bullboard - Stock Discussion Forum Cunningham Natural Resources Corp CNRC

Houston Natural Resources corp is a diversified holding company with business operations and investments. It is dedicated to increasing stockholder value through developing natural resources with state-of-the-art innovative technologies in tandem with oil field waste disposal and recycling that are environmentally safe and socially responsible.

OTCPK:CNRC - Post Discussion

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Post by IgnacioCashmere on Oct 02, 2022 6:18pm

$1.75 Dividend

I am skeptical this will occur on schedule, December 16 2022. However, I am willing to take a shot in the dark based on their unaudited earnings. Looks to be around $0.20 per share after tax to me annually. At an 8 PE, that gives $1.60 share price. A deal that is too good to be true like this one seldom is good, but I am willing to speculate. GLTA maybe this is the deal of the decade.
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