Corridor Resources Inc (CDH.TO) Buy, Sell or…

Corridor Resources Inc (CDH.TO)

1.38

-0.00 (0.00%)

as of Mar 6, 2020, 5:00:00 am Market Open.

10 watching

COMMENT

He considered taking a run at it at $0.40. It has money in the bank, no debt, he likes what the management is doing. The absence of debt limits the downside risk, making this a reasonable spec, but he doesn’t see much momentum at this time, partially because of regulatory issues.

BUY

(Market Call Minute.) This is a long-term project in Quebec, and the government has put in $50 million.

PAST TOP PICK

(A Top Pick Dec 8/11. Down 57.57%.) Still likes. Very cheap. Has been hurt because of the atrocious gas prices. Have 3 significant plays, one gas and 2 potential oils. Expect they will have a partner for some of these.

PAST TOP PICK

(Top Pick Dec 8/11, Down 55.15%) Have an oil project that should attract a partner in next 60 days.

DON'T BUY

In the small cap space it is so easy to be wrong. This is a company that has been experiencing negative change. Nat Gas has been a tough place to be for a long time. Stay away until the sector gets better.

TOP PICK

(Top Pick Oct 27/11, Down 23.17%) Drifted off on indiscriminant selling. Zero bad news. In fact terrific news last week. New Brunswick. Believes it is crazily valued below $2. More than $10 of asset value. No debt and cash on the balance sheet and cash flow from small production base. $3 of proven reserves. Get price higher into New England.

TOP PICK

$3 of value in their reserves, trading at 2/3rds. Drilled two well that were successful.

DON'T BUY

Has had a tough go. Drilled two wells and results were inconclusive. They are left 100% in the play, which is very capital intensive. It could go either way. They want to drill two horizontal wells into the play while looking for a new joint venture partner.

PAST TOP PICK

(A Top Pick April 26/10. Down 7.7%.) In New Brunswick with a couple of large resource plays. Hit a dry hole but are trying to sort it out.

PAST TOP PICK

(A Top Pick April 26/10. Down 2.46%.)

COMMENT

Good long-term chart. Broke down through the upward trend late 2010 but looks pretty reasonable. Will probably follow the sector.

HOLD

Sold it when well results came out but firm still owns it. Won’t have results for another 6 months. Management doesn’t know what’s going on. They said results were ‘perplexing’. As a firm they are still big supporters of the name.

COMMENT

Hugely significant catalyst coming in the next 3 months, which is drill results from Apache (APA-N) but a possible 60% downturn if this play doesn’t turn out.

BUY

(Market Call Minute) Risky buy.

RISKY

Attractive. Frederick shale seems to be producing. Question is the macro growth story. What happens with the global growth story? If global growth is on the back burner, this story is not going anywhere. If global growth is back in the forefront, this one should go quite a bit higher.

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Corridor Resources Inc (CDH.TO) Frequently Asked Questions

What is Corridor Resources Inc stock symbol?

Corridor Resources Inc is a Canadian stock, trading under the symbol CDH.TO (previously CDH-T on Stockchase) on the Toronto Stock Exchange (CDH-CT). It is usually referred to as TSX:CDH or CDH.TO

Is Corridor Resources Inc a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on CDH.TO (previously CDH-T on Stockchase) on Stockchase. Read the latest expert commentary for Corridor Resources Inc.

Is Corridor Resources Inc a good investment or a top pick?

Corridor Resources Inc was recommended as a Top Pick by John Stephenson on 2010-05-28. Read the latest stock experts ratings for Corridor Resources Inc.

Why is Corridor Resources Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Corridor Resources Inc.

Is Corridor Resources Inc worth watching?

Corridor Resources Inc is followed by 10 investors on Stockchase and is a trending stock that is worth watching.

What is Corridor Resources Inc stock price?

On 2020-03-06, Corridor Resources Inc (CDH.TO) stock closed at a price of $1.38.

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