GREY:LSTMF - Post by User
Post by
CravenRaven101on Aug 17, 2011 12:00pm
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Post# 18951703
at these levels
at these levelsHow could one NOT tinker with the idea of jumping on a PBN teet alongside PBG? I fully expect managment to work very hard over the next 4 months and I think their exit production just might get close to 50K BOE/D. As for PBG relenquishing their majority ownership... I think that it is more likely that they will reduce the Dividend before that happens... the effect would be the same (reduced PBG income) without PBG loosing their controling interest. LONG term... I would speculate that PBN managment's learning curve climb is almost done... the future CAN hold some good things IF they make use of their hard earned "education" and Inverstors getting in at these levels just might end up smiling all the way to the bank in a year or two.
it's MY opinion git yer own.