CRLFF - Cardinal Energy: Deep Value With An Ignored Near-Term Catalyst
(All dollar amounts herein are in Canadian Dollars)
The recent collapse of Canadian energy companies has been spectacular. It came from December's breakdown of the ability of Canadian oil companies to ship oil to export markets (leading to the government stepping in and actually legally curtailing production to match export capabilities). This has left this sector a (brave) value hunters paradise. Seeing a sector in this kind of trouble for many value stock-pickers is like lighting off the Bat Signal on the clouds above Gotham City for Batman (I drive a