Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Petro One Energy Corp CUDBF



GREY:CUDBF - Post by User

Bullboard Posts
Post by HotSnoton Nov 17, 2011 4:41pm
472 Views
Post# 19246604

We've heard about one well...

We've heard about one well...What about the rest?  I suppose like many of you and judging by the markets reaction, the "news" was a bit of a let down.  Thats not to say the content wasn't of quality, its just that it was fairly limited and not what many were hoping for after such a long wait.  No doubt the future is bright but most expected more information.  The most telling portion of the release was what didn't happen.  Typically, if a company is going to release information of a substanial nature they will halt the stock.  Guess pop viewed this news release the same way the market did.  Modest at best.

Seems that posters here have mentioned the 3 month time frame to get legit flow rates on a well... Since POP drilled a well every week or two does this mean we should get new flow rates on the remaining wells as these 3 month time frames lapse on each location?  Would that mean 6 more news releases every week or two? 

I would have liked to hear more about the next drill campaign.  I understand POP has acquired new land rights and has other solid targets... but are they no longer drilling right now?  How long untill they start back up?  How much money is left in the bank?  Will they need to do another financing? 

I just would have liked more information.  Seems like after a three month wait we barely got more information then posters here had discovered on their own. 

In any event I held onto my small position.  If people keep selling this stock down I'll buy some more but I'll be looking for a price point that seems like a real bargain... to good to pass up.  With the lack of info available and the markets enthusiasm for the POP story waning, I'm not sure what that might be but I'll continue to watch and see where this story goes.
Bullboard Posts