CAVU’s (CAVR:PK) Energy Services Assets Valued at Over $2 Million
When we first profiled Cavu Resources on January 13, 2010, we asked the question , “How can this stock go in 2010?” We still ask that same question.
In a recent conversation with the Company’s CEO, we were talking about the company’s considerable assets. The services division’s assets are valued at over $2 million. This does not include any of the company’s 35 miles of active gas pipelines, 15 miles of saltwater disposal lines and over 50 miles of oil pipelines.
In the next post, we will try to solicit some type of valuation from the company for their lines/pipelines. In the meantime, we remain equally enthusiastic as when we first profiled CAVU back in mid-January.
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