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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? | ||||||||||||||
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