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dr_airtime

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dr_airtime

Re: CPTMatt post# 17159

Monday, 04/25/2016 2:37:14 PM

Monday, April 25, 2016 2:37:14 PM

Post# of 17737
CNE.TO - here is a good recent piece.

$4.10 is 2P NAV (pre tax @ 10%) I have seen talked about in a few places and is probably reason why Canacol is down from the $4.00 level, as well as technical reasons of course too. Future should look bright for Canacol though as long as there are no other big gas finds in Canacol so hopefully the party is finally just starting.

Based on the share price action history though, Canacol should be traded, or just have some trading shares around a core position.

http://seekingalpha.com/article/3965695-canacol-energy-fasten-seat-belts-party-just-begun
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