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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 > Guess we're f'ed
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Comment by bxjuon May 02, 2013 6:45pm
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Post# 21331743

RE: RE: RE: RE: RE: Guess we're f'ed

RE: RE: RE: RE: RE: Guess we're f'ed

In looking on my brokerage site, they are currently showing about .035 share price with a market cap of about $7 mill.  If i recall aren't there about $28 mil or so in tax loss carry-overs  or about 4 time the market cap...so if you increase share price by 4 you get about .14, then if I recall Deadlock said 3d seismic data alone worth about .08 share, so that is .22 or pretty close to the .20 mentioned.  Only chance for much more would be someone other than Galp interested, not sure how the leases would play out and at what point PEC loses them.  .20 to .22 right now is sure better than .035 and trending downward to 0.

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