Welcome To The Canoro Resources HUB On AGORACOM
Canoro Resources Ltd. is a Canadian-based international oil and gas company operating in the prolific Assam/Arakan basin of Northeast India.
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Report out by Jennings

Diamond
Rank: [?]
Mail Room
Points: [?]
229
Rating: [?]
Votes: 6 Score: 4.1
  • Currently 4.2/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Re: Report out by Jennings

posted on Nov 28, 07 11:10AM

Well, actually it's not my price target, it is the target set by Jennings.  They just hit their previous target of $1.75 which was set in the summer, which lends some credibility to their forcasting for this stock.  Actually, if you read the report you will see that the target is based upon an analysis of their potential target zones and uses conservative numbers in terms of success rate and sales.

I have seen other brokerages starting to take notice of CNS and have seen other targets in the $3.00 range, which is about a 70% return from today's price of $1.76.  I'll be willing to settle for 70% on my money over the next 12 months, but think that the potential is much greater and those figures may get revised before then. 

Glad you made some profits here, but I think that there is a lot more to be made in CNS yet.  The company is starting to attract more attention from funds now and since it is a Canadian company which exposure to India, widely believed to be one of the best areas for growth in the comming years.  India has an initiative to promote companies like CNS since they are interested in reducing their imports of natural gas.  Companies like this will likely only become more and more attractive over time.

Hope this helps. 

New Message

Please login to post a reply

AGORACOM Quick Tips

Bullish On China? AGORACOM Launches ChinaSecurities.com ... Check It Out

President's D.D.

New feature: Hub Presidents can add important links here.