Seeing CAZFF trade this beautifully is the perfect birthday gift for me. This stock pick was screaming, "Buy Me!" I added late last week and am totally pleased with myself;and equally pleased that there's more than just me enjoying this ride.
Momentum favors considerable upside here. I'm betting we'll be seeing upwards of a dollar before year's end. And if there's anything approaching serious global conflict, the share price will move even more convincingly.
This is for two reasons:
1. Drilling is in Texas and not vulnerable to the usual threats.
2. The push is on for America to be completely self-reliant.
All this on top of terrific oilfield results plus increased acreage tells only part of it. Availability of pipeline infrastructure, superior seismic, oil well smarts plus something you don't get to see until you're involved with exploration companies---oilfield politics. A handshake continues to seal the deal in the drilling arena. Leases are eventually used to document things for legal reasons but commitments happen all the time and forward steps will often precede written contracts.
Experience points to this as a splendid play that is still shockingly cheap. I predict it will not be the case shortly.
All of the above in my opinion only.