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Bullboard - Stock Discussion Forum Palliser Oil & Gas Corp. PSLRF

"Palliser Oil & Gas Corp is engaged in the exploration, development and production of petroleum including high netback heavy oil in the greater Lloydminster area of Alberta and Saskatchewan."

GREY:PSLRF - Post Discussion

View:
Post by seanyboy on Feb 10, 2014 11:20pm

bailed

I bailed today for an almost 50 percent loss. Debt to market cap is getting close to 3:1, management is overpaid, missing its own guidance for nr, and its decline curve models appear to be broken. Lesson: Trust your instincts re awful presentation posted about previously. GL everyone, maybe Im wrong!
Comment by corvette67 on Feb 11, 2014 1:05pm
Bailed as well. Can't believe the next report will be better than the last. Think this will get taken over by the debt holders soon. GLTA
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