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CVE:CVR
CORRE (CVR.V)
0.01
-0.00 (0.00%)
as of Dec 31, 2018, 7:32:20 pm Market Open.
2 watching
Financials 
Technical Analysis 0
WATCH
COMMENT
Lost their bid on cleaning up the Kuwait oil fields. They are now partnering with BP (BP-N) on another oilfield cleanup. They are also working on partnerships in Saudi Arabia. Likes management.
James HodginsOwned
oilgas
BUY
Bidding on clean up of oil fields. There will 50 tenders over 5 years. We will find out results of first batch in a few weeks. If they win one of these it will set them up to win the bulk of the rest of the tenders over the next 5 years. If they get the contract this stock will rocket higher, if not it will pull back but they have all these other tenders. Don’t make it a huge position.
James HodginsOwned
oilgas
COMMENT
50-50 chance on winning the bid for Kuwait cleanup contracts. If they win, share price would go up materially. If they lose the 1st round, the stock will probably go down but would make a better entry point. But doesn't mean they will lose the next 49 bids. Have proven technology.
James HodginsOwned
oilgas
BUY
Bidding for cleanup jobs in Kuwait with a large European energy services company. Has very strong technology and have been working on a pilot program with Kuwait and are in a good position to win one of the contracts. Announcement is due to come in November. If they win, it could be quite material. If they don't, they could be under quite a bit of pressure. Risk/reward is favourable.
James HodginsOwned
oilgas
WATCH
Very interesting company. Insiders have been buying. They are in the middle of bidding on cleanup and soil remediation of the Kuwait oil fields. The outcome should be known sometime in November so you have some time. Should they win one of these contracts, the stock would go materially higher. A “wait and see” situation.
James HodginsOwned
oilgas
COMMENT
Based in Kuwait and Saudi Arabia with the largest shareholder being a subsidiary of the Bin Laden group. In the process of bidding for contracts in the Kuwait oil fields. Have unique technology and great partners. Good financing. In the short run, it is “hit or miss”.
James HodginsOwned
oilgas
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CORRE (CVR.V) Frequently Asked Questions
What is CORRE stock symbol?
CORRE is a Canadian stock, trading under the symbol CVR.V (previously CVR-X on Stockchase) on the TSX Venture Exchange (CVR-CV). It is usually referred to as TSXV:CVR or CVR.V
Is CORRE a buy or a sell?
In the last year, no analyst issued a Buy, Sell, or Hold rating on CVR.V (previously CVR-X on Stockchase) on Stockchase. Read the latest expert commentary for CORRE.
Is CORRE a good investment or a top pick?
CORRE was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for CORRE.
Why is CORRE stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for CORRE.
Is CORRE worth watching?
CORRE is covered by Stockchase experts and is worth watching.
What is CORRE stock price?
On 2018-12-31, CORRE (CVR.V) stock closed at a price of $0.01.
Highly speculative. Have a project in the Middle East where they are bidding on cleaning up the Kuwait oil fields that had been in the 1st Gulf war. However, there is lots of competition for this business. If they can get some of this business, it has some potential, but he would wait and see how much of those contracts they get.