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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 dogbound on Feb 14, 2014 11:33am

Lost Trust

I owned this company for 2 years. When management takes money out of the company and drop the stock from .70, I can see they do not care about the shareholders. I got out, very dissappointed in management. You want better companies that care about shareholders like Manitok (MEI)
Comment by MikeOxLong7 on Feb 18, 2014 3:03pm
I'm out.  Also lost trust in management.  Declining production, big hedging program losses and high debt load is too much risk for me.  Thought PXL CF would improve with increased use of rail but now I see cost efficiencies by outsourcing and using the larger rail terminals so they could focus on increasing production.  I like the HVL program but in my eyes it is still ...more  
Comment by 8675309Jenny on Feb 18, 2014 3:20pm
Comment by 8675309Jenny on Feb 18, 2014 3:28pm
I agree with all of these comments, if itw as November 1 and the stock was at 60 cents. but your comments are right on, and already reflected in the share price of the company, and the stock is 29 cents, which is way over sold. today we have WTI at 103, nat gas on NYMEX at 5.50, C$ way down, and differentials at their narrowest point in a long time. in November we had Joseph Schacter on BNN ...more  
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