TSX:ONR.UN - Post by User
Comment by
fattykenson Oct 21, 2011 3:00am
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Post# 19169218
RE: RE: RE: RE: New to this board I would apprecia
RE: RE: RE: RE: New to this board I would appreciaI believe they have the canadian patent and the american is pending. I could be wrong but I am pretty sure that is in their news releases.
The New co will be interesting if is gets driven down. I have tried to find some comparisons and there are not many low debt high growth (basically doubling production in a year) prospects out there. It is a in the gas space though and this does not look to be improving anytime soon. We will see but I could end up being the better buying opportunity then PSN. I see it between 2.50 to 3.20.
PSN seems simple that there will be competition and I keep waiting for it but where is it? This process has been out there for over a year and it is just a tank process. I don't see any other comparative models. In the last presentation the CEO mention growth abroad and looking and getting into fluids delivery, so they are looking at expanding.If we see a low dividend then I am staying in because the market sees growth. If not then the market see high competition and low growth, maybe I am out then.
We will see but this has been a great story. The next month should be interesting at least.
Fattykens