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CVE:CVR

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WATCH

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.

oil / gas
RISKY BUY

Cross pollination on the management team. Highly speculative, but you are not paying for the upside. A decent speculative play.

oil / gas
RISKY BUY

Has a ton of potential. When they get a piece of the Middle East oil field clean up this will take off. Currently they are getting traction with contracts for cleanup of oil drilling sites.

oil / gas
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.
oil / gas
COMMENT
Put a bid in on the Iraqi oil spill cleanup in April, from the 1st Iraq war. Expect that by the end of March that will know what their share will be. There has been some insider buying.
oil / gas
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.
oil / gas
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.
oil / gas
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.
oil / gas
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.
oil / gas
COMMENT
In the process of bidding for oil field remediation contracts in the Kuwait oil fields. No results yet. The first $300 million will be awarded over the summer. If they get a contract, you will see this stock rocket higher, otherwise there will be some disappointment.
oil / gas
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”.
oil / gas
STRONG BUY
Very, very interesting company. One of ht few that has been pre-qualified to work on the Kuwaiti oil fields.
oil / gas
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CORRE(CVR-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for CORRE is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

CORRE(CVR-X) Frequently Asked Questions

What is CORRE stock symbol?

CORRE is a Canadian stock, trading under the symbol CVR-X on the TSX Venture Exchange (CVR-CV). It is usually referred to as TSXV:CVR or CVR-X

Is CORRE a buy or a sell?

In the last year, there was no coverage of CORRE published on Stockchase.

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 help on deciding if you should buy, sell or hold the stock.

Is CORRE worth watching?

In the last year, there was no coverage of CORRE published on Stockchase.

What is CORRE stock price?

On 2018-12-31, CORRE (CVR-X) stock closed at a price of $0.005.