assets coming to the marketSo... with some of Shammy's assertions based on the sale of $100MM worth of assets HOW do you see PMT achieving thier goal when DVN will be adding some 90KBOE/d worht of assets into the market come the new year... which will in essence double the current number of barrels already in the market? (and that's just barrels being openly advertised). Lest we forget that in most oil and gas parlance "NON-core" usually means small blocks scattered here and there.
and to clear one point... SAGD, Thermal, Heavy Oil, Cold flow, Oil sands, et al are basically interchangeable and can define just a single area of Alberta, so as much as Shammy would like to beleive that PMT has multiple and numerouls growth opportunities... through their sell offs over the last 3 years... PMT is a far smaller company with far fewer opportunities than they had just 2-3 years ago...
NOT that I am for or against PMT... just making an effort to create some balance to the discussion...
keep it real... and for disclosure I do not hold any PMT... BUT I beleive they are currently priced right where they should be.
and as Shammy says.. do your dd...
GLTA