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Bullboard - Stock Discussion Forum ADIRA ENERGY LTD V.ADL

"Adira Energy Ltd is engaged in the energy sector. It is an oil and gas exploration company focused on early-stage exploration. The company has an option to hold interests in approximately two licenses, such as the Myra License and the Sara License. The Company does not have any oil and gas reserves and does not produce any oil or gas. The Company held interests in approximately two Israeli... see more

TSXV:ADL - Post Discussion

ADIRA ENERGY LTD > Huge opportunity here
View:
Post by ValueHunter92 on Apr 07, 2016 10:22am

Huge opportunity here

Hi there, the PDQ stock is a real gem,

Company has 0 debt, 750 000$ in cash, and 2,1 millions in asset, + royaltys of net 400 000$ / year, they just gave back 20 millions to investors, the price a dropped alot, it's not at a huge discount

book value is 9cent a share + 2cent from the latest payment to investor : making it a 11c/share

Huge buy, easy tripple up (at least double up in days)

Regards
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