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Bullboard - Stock Discussion Forum Petrocapita Income Trust C.PCE.UN

Energy
"Petrocapita Income Trust is a Canada based oil and gas exploration and development company. The business activity of the group includes acquisition, exploration, exploitation, development, optimization, enhancement, production and processing of petroleum and natural gas and related products. In addition, it is also involved in the development of heavy oil and water disposal wells... see more

CSE:PCE.UN - Post Discussion

Petrocapita Income Trust > Pallaser deal
View:
Post by SamuelSamuelSam on Jul 08, 2016 1:38pm

Pallaser deal

Afternoon.

Does anyone have an opionion on their latest purchase? Sounds like they are getting it real cheap!
Comment by bullmarkets on Jul 11, 2016 8:38pm
I was on the market for a long time -- 18 month or so-- so no one was really interested.  Will have to wait for a quarter of financials , but I doubt it's making money  and there is abandonment liability. 
Petrocapita Income Trust
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