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Bullboard - Stock Discussion Forum Petro One Energy Corp CUDBF

GREY:CUDBF - Post Discussion

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Post by STE15165 on Sep 03, 2014 5:16pm

Delay

This stinks. A delay doesn't drop a stock by 50% in one day. There must be something more to this. The part that doesn't make sense is they are out a lot of money as well because they got the 25 cent placement. Also this is bad for the gov't and other future endeavours. Look what happened to GSR. Total nightmare.
Comment by zoomzoom3 on Sep 03, 2014 7:15pm
"A delay doesn't drop a stock by 50% in one day" No but people panicing can do it. Its simply a delay and give it a month or less and we will be back at 52 week highs. I think management will get specifics and put out a press release soon to clarify. In the mean time I think POP is WAY OVERSOLD and should rebound. I used this as a buying opportunity! GLTA
Comment by birch1 on Sep 03, 2014 7:52pm
Well, you make a good point.  Some poeple here using the board to spread fear and how KMDH might not honour their commitments.  Its really controlled by the government.  If you look at the Q&A posted in yesterdays article, they have confirmed they are proceeding as planned.  I think most should look at this for what it is on the surface.  Lots of accusations here about ...more  
Comment by Jeff27 on Sep 03, 2014 8:03pm
Agreed. Here's the reply i received from the company this evening . I do have trust in them others may feel different but i remain a shareholder and will contiue with this company in the future. I will be watching for further press releases .Please us DD in your on investment decisions Regards 1. Petro One has a contract with KMDC pursuant to which KMDC is obligated to fund (or arrange for ...more  
Comment by investderp on Sep 03, 2014 8:23pm
Received the same reply myself... if you folks can't even do your own DD and just go about spouting off rumours, you're a fool.
Comment by birch1 on Sep 03, 2014 9:10pm
I actually called and got voice mail left a message.  Haven't checked the office yet...Will do tomorrow morning and confirm.  I rather speak to them in preson, but email is always good.
Comment by Hockeynut2 on Sep 04, 2014 12:12am
Ok Birch. Let's get into it. First, how interested are you? It's KMDC not KMDH. Second, KMDC has been through this same process before and failed. Their reputation, obviously, is already tarnished. Hence the haircut today. You said that if this one fails that no one would trust them again. Including you. They made a deal in good faith and so did the management of POP. I don't question ...more  
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