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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum CanAsia Energy Corp V.CEC

Alternate Symbol(s):  CECAF

Energy Oil & Gas E&P
CanAsia Energy Corp. is a Canada-based junior oil and gas company. The Company is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The Company, through its subsidiary, Andora Energy Corporation, is focused on developing the bitumen resources at the Sawn Lake property using steam assisted gravity drainage (SAGD) development... see more

TSXV:CEC - Post Discussion

CanAsia Energy Corp > Share Buyback
View:
Post by InvestInYou on Jul 19, 2021 11:01am

Share Buyback

POE continues to buyback shares as high as $1.12/share on July 6th.  Good sign for those that have remained patient.  


https://www.sedi.ca/sedi/SVTItdSelectInsider?locale=en_CA
Comment by bullhorn3 on Jul 23, 2021 4:52pm
If they were buying back shares at $1.12, why are they not buying back shares at $1.00? Some wild possibilities: - max repurchase shares in July already bought? - can't buy back shares near date of an announcement? - internal calculations of company share value now significantly lower for some reason? - company plans to buy some oil asset, so share buybacks have lower priority? etc.
CanAsia Energy Corp