Perpetual Energy Inc T.PMT

Hope there is a plan?

[Hugo1947]

I have owned this stock since a way back when it was over $9.00 and bought a pile of it at 8 to 10 cents to dollar cost down. They had a good thing going as an income trust and when they bought some oil land many, many years ago, I figured with both oil and gas reserves they should have been able to get back on their feet. But when the gov't was going to come after them for the oil wells and make them pay for the clean up, that was the writing on the wall they were finished. Then low and behold the court case came along and absolved them of any wrong doing in selling those old wells and I figured with that expense off the books this thing can still be worth a lot of money so I dived in and dollar cost averaged down to less than a dollar for my cost. If it makes it over a dollar I will be back in the money again.

[rainbow1997]

Hope your $9 was after 1 for 20 reverse split(2016), otherwise... Just checked my book and found my original involve was 2005.10.6 at 20.85, talking about good old days...

[Oldfart74]

Unfortunately, you have not been keeping up with the legal issues. Originally, Perpetual won at the Court of Queen's Bench. This decision was reversed by the Alberta Court of Appeal. Yesterday, the Supreme Court of Canada dismissed Perpetual's application for leave to appeal the Court of Appeal reversal. The end result - Trustee won the case against Perpetual.

[Hugo1947]

I have delved into your comments further and i don't see where the Alberta Court of Appeal reversed the origional decision. When i looked up the Sequolia Litigation it shows that Perpertual won the case. It also shows that PWC have appealed that decision, which is their perogative, and everyone expected that to happen. The court of Appeal has accepted the appeal, but instead of hearing verbal