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Petroglobe Inc. PTGBF

"PetroGlobe Inc is engaged in the exploration, development, and production of oil and natural gas in Canada. The Company holds interests in Pembina Cardium light oil, Pembina Edmonton Sands natural gas, and Red Earth Slave Point light oil properties located in Alberta, as well as Sawtooth oil property situated in the Grand Forks/Taber area in southern Alberta."


GREY:PTGBF - Post by User

Bullboard Posts
Post by dowdon May 01, 2008 11:14pm
727 Views
Post# 15030057

Texas operations

Texas operationsAmazing, not a single mention of what's going on regarding palo duro in the annual filings or news releases.

Translation: nothing good is going on and management is embarrased to admit it. So, now we are focusing obn this teeny tiny  shallow gas play. And we are issueing boatloads of new shares printed at 20 cents to do it.

Why can't they just come clean and tell shareholders the truth?

Last I heard we were going to be producing by the wend of November 2007 and some pumper on this board said that by the end of the year was a certainty.

The only time we even hear about Palo Duro is from Gentleman1 and we are very lucky to get his updates.

I think we have a right to know the news directly from mangement in a press release or in sedar filings even if it is bad.
Bullboard Posts