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Pace Oil & Gas Ltd T.PCE



TSX:PCE - Post by User

Comment by echo2on Aug 11, 2012 10:28pm
190 Views
Post# 20208209

RE: RE: RE: RE: late day action

RE: RE: RE: RE: late day action

I spoke a month or so ago with the new CFO, just after the small spill which brought bad press and devasted the share price. As i recall, he was very optimistic regarding CF in the 1.60 - 1.75 range despite all the depression in the junior space including low gas prices. And, if PCE 10% NAV is even half way between the company's presentation and the lowest estimates of $5, this would imply a 10% NAV of $9.50, which is realistic. Any way you cut it, PCE is very undervalued and underappreciated. Just hope it doesn't get stolen in a buyout at firesale prices the way WFE just was in the reverse takeover or merger with GO. WKH

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