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Peak Discovery Capital Ltd V.PEC


Primary Symbol: V.PEC.H Alternate Symbol(s):  HNWEF

Energy Oil & Gas Equipment & Services
Peak Discovery Capital Ltd. is a Canada-based shell company. The Company is focused on identifying and evaluating assets or businesses for future merger and acquisition.


TSXV:PEC.H - Post by User

Peak Discovery Capital Ltd > No short on PEC August 15
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Comment by bugalabugaon Aug 23, 2012 12:58pm
258 Views
Post# 20252680

RE: RE: No short on PEC August 15

RE: RE: No short on PEC August 15

From what I can tell this is the primary factor for hope:

Porto has no oil or gas production but 1.9 million acres (100% working interest) of exploration potential, joint ventures and 3D seismic. Should they ever hit an economic well when they control this much land and seismic, the valuation would rise remarkably – even with 200 million shares outstanding.

That doesn't sound half bad considering the price. The day I tried to get in it was still under 8 cents and I missed every buy I tried.

Still think this price is a good entry?

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