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Bullboard - Stock Discussion Forum CanAsia Energy Corp V.CEC

Alternate Symbol(s):  CECAF

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 > What A Joke.
View:
Post by radcat on Jun 21, 2024 2:43pm

What A Joke.

Lol, lol, lol... Sure it will. String us along some more.

February 9, 2024 article in the Bangkok Post titled "Round 25 bidding 'by end of the year'"
 
Comment by venture009 on Jun 24, 2024 9:02pm
I am a little suspicious of this management.  It wouldn't surprise me if they attempt to take this company private offering pennies on the dollar to existing shareholders. 
Comment by stockbullied on Jun 28, 2024 6:49pm
Historically they've been kind to investors with all the one time dividends. May take them time to execute on their plans, but they have come through most every time
Comment by venture009 on Jul 15, 2024 11:17am
Except when it came to paying the Andora shareholders. The payout for this group, I believe, valued , the Sawn Lake resource based on a $10 million value and yet they quoted a contingency value of $180 million on their statements. In addition they have owned this world class resource for 19 years and they have done nothing to develope it and create shareholder value , at least to date. This whole ...more  
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