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

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Post by JamaicaBoundon Mar 05, 2012 7:55pm

645 Views

Post# 19629962

This stock is still a bargain

I bought this stock at .12, and purchased more when it dropped to .10 I have not sold, nor do I intend to sell in the near future. Compare this to other E&Ps as per below.......you will not find a better bargain. I also own BKX, and WZR, but PEC is the one I'm banking on.

Porto trades at 0.06x our Fully-risked NAVPS, which is an 88% discount to other International E&Ps and the lowest multiple in our coverage.

Exhibit 2. Porto Energy: Relative Valuation

Recent At Price Ticker 1-Mar-12

BNK 0.42x

BKX 0.24x

CNE 0.62x

CKE 0.59x

CZE 0.58x

GTE 0.63x

NKO 0.42x

PDQ 0.24x

PRE 0.86x