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

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CanAsia Energy Corp > Chen Lin / The Energy Report

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Post by radcat on Jan 29, 2022 7:42am

Chen Lin / The Energy Report

Chen Lin, What Is Chen Buying? What Is Chen Selling? (1/24/22) "Pan Orient Energy Corp. traded as low as $1.25. . .management is guarding this like a baby while trying their best to find a good price. After the $0.40 distribution in two weeks, $0.85 we are trading at less than one time cash flow at the current oil price; I see the fair value of the Thai assets, even with 30% discount, to be much higher than the $0.85."

Chen Lin, What Is Chen Buying? What Is Chen Selling? (1/20/22) "Pan Orient Energy Corp. will pay CA$0.40 return of capital on Feb. 10, 2022. I can't wait for it, and I believe this is the first down payment only, with more to come later this year."