Palliser Oil & Gas Corp. PSLRF

RE:trading move to .40-.42 by April 1, 40% return

[MikeOxLong7]

Just remembered to call Jenny for a good time... not good advice.  Are you still holding on to this issue Jenny?  I still don't see upside here even though sp has fallen so dramatically.  Problem is the large debt combined with the large hedging losses which is going to severely limit cash flow.  Looks like hedged volumes in Q1 might even exceed production volumes exacerbating the problem.  The COO is gone but that is not nearly enough to right this ship.  They need to focus on stabilizing production but instead they are building oil cleaning facilities, figuring out the logistics of oil by rail and trying expensive & unproven HVL all over the place.  I think PXL needs a whole new team to turn this around. For a heavy oil play I continue to like v.hwk.