CGCA – Cobra Oil and Gas buzzing again

CGCA recently released news about it their oil sands pipeline that will run from Canada to the United States.

This is big as we all know the importance of the oil sands in Canada to continue to meet our vast energy needs moving into the future. The pipeline is designed to carry up to 800,000 bpd. With oil running at $70 per barrel you can see the potential profits are tremendous.

CGCA is obviously positioned to do very well into the future and should be a serious investment consideration moving forward. There are also some bullish chart formations forming in the charts.