CanAsia Energy Corp V.CEC

Jeff Chrisholm and ROK.V

[bullhorn3]

Jeff is an independent director of ROK Resources. I wonder if there is any synergy in some sort of collaboration.

[cashworx]

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[ValueCat]

doubtful.  I don't see a move into oil sands development being well received by ROK shareholders. 

[radcat]

They have nothing to do with Oil Sands. More like Surge Energy (T.SGY) assets.  ROK Resources Inc. Confirms Closing of Previously Announced Transformational $72 Million Acquisition of Sustainable, Producing, Oil-Weighted Assets

[quicksilver545]

I'm trying to understand why the market is undervaluing these assets so much. Right now, with current exchange rate, market giving value post-deal of 10 cents per share for CanAsia shares, which would be a market cap of under 5M.  I would expect this to to be worth at least 25M, and be a prime acquisition candidate in a high priced oil environment.  I suppose some of the