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Pulse Seismic Inc T.PSD

Alternate Symbol(s):  PLSDF

Pulse Seismic Inc. is engaged in the acquisition, marketing and licensing of two-dimensional (2D) and three-dimensional (3D) seismic data to the western Canadian energy sector. The Company owns the licensable seismic data library in Canada, consisting of approximately 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic. It calculates net kilometers of 2D data and net square kilometers of 3D data by multiplying the number of kilometers of seismic data in each 2D line and the number of square kilometers of seismic data in each individual 3D seismic dataset by its percentage of ownership in each. The Company's library covers the Western Canada Sedimentary Basin (WCSB).


TSX:PSD - Post by User

Bullboard Posts
Comment by copperisgold7on Aug 30, 2006 9:21am
298 Views
Post# 11293171

RE: Rec-- Pulse is next to be bought

RE: Rec-- Pulse is next to be boughtI agree that these libraries are just commodities and judging by the price paid for this recent takeover, Pulse's commodity is terribly terribly undervalued. Common sense says that consolidation should sweep the sector so I will hold on to the most undervalued in the area (Pulse Data) and collect my 5% yield while I wait. If it does not increase in price soon, someone should buy the whole company and sell it for its parts which I suspect are at least 50 to 80% greater in value than the whole right now. Oh well, I can wait.
Bullboard Posts