SPI is a stock to own at these levels!

The net asset values for Canadian Spirit Resources Inc. (SPI) calculated in previous posts range up to $15.99/share and could possibly be even higher. This is a stock that can return multiples. If/when SPI proves up their prospective resource and graduates their listing to the Toronto Stock Exchange, the stock price will clearly be trading at a much higher price.

The calculated net asset values demonstrate that SPI is significantly undervalued. They are one of the most undervalued companies with significant Montney shale holdings. This is a great stock to own and gives investors exposure to the highly sought after Montney shale. SPI is clearly a stock to buy at these values as their share price has plenty of upside!

The recent Dundee report (click here to see it) highlighting SPI introduces it to the broader market and adds much needed exposure for the company. As it says in that report, SPI is a “great opportunity for investors”!