I've come to the conclusion that this little "diamond in the rough"
has come of age and deserves its own thread. CKM has the potential
to be another ABACAN in the making.Its value has started to move
closing up another 50c to-day at $5.95.It still represents tremendous
value and this was confirmed by HSBC JAMES CAPEL in the Jan 18 edition
of the GLOBE and MAIL. Mr BAOZ of JAMES CAPEL states" Calgary based
Carmanah has operations in Western Canada but the upside comes from its Indonesian property. Basically, the stock is reflecting just the reserves and the profitability of their Canadian properties and their is very little in the stock that reflects the INDONESIAN play." HSBC
is calling for a $9 target. I say they are very conservative, whats
your call on CKM? |
