Palliser Oil & Gas Corp. PSLRF

4th quarter results should suck

[Sir_Holler]

Look at the differentials for Western Canadian Select during the 4th quarter. Eric Nuttall of Sprott said he is avoiding the space until the point of maximum pessimism when the market sees how poor the pricing was.

[Saytek]

Quote from last PR : "The Company forecasts net debt to total approximately $38.0 million at December 31, 2012, and fourth quarter debt to annualized funds flow from operating activities is forecast to be in the range of 1.6 to 1.8 times."   My interpretation of the data is the following : Q4 funds flow from operations (best case) : 38M/1.6 = 23.75M => 23.75/4 = 5,94M$ = 0.1

[raggetyjack]

Saytek1 I just changed the heading to what I expect for Q4 from PXL. Rock solid production increase at a reasonable cost which is the norm for PXL for the past 15 quarters. WCS will come back into normal range and at this price PXL is looking good. Hold for the year and profit! JMHO....  

[1buck]

This play is not for daytraders but for long term investment guys like many here on this bb.