Post by
jenkinjt on Feb 21, 2022 2:46pm
Will the Shares keep Rising?
Certainly glad I held on when the stock hit 10c...Plummeting oil/gas prices and the Pandemic hit them hard. I see Mr. Maxwell has purchased nearly 4 million shares in the last 6 months, natural gas price is strong and they have absorbed 3 other companies in the last year. Not sure how the analyst rating is "STRONG BUY" with no analysts reporting! Cathedral has snapped up bargains which complement its' assets and added to the company's value significantly.
The company has always had a very strong balance sheet, which is why Benj Gallander loaded up at $1.95 (and then bailed at .12 !!! Kudos to all who hung in !!! I suspect most bought in at considerably higher prices than even current levels). They seem to be on a rebound with good reason. 100M shares is not all that much and they don't have much debt. If gas prices stay up $2.00 is quite doable.. Best of Luck to All