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PetroFrontier Corp V.PFC

Alternate Symbol(s):  PFRRF

PetroFrontier Corp. is a Canada-based junior energy company focused on resource development in partnership with First Nations and operates heavy oil projects in the Cold Lake and Wabasca areas of Alberta. This development consists of the primary recovery of heavy oil utilizing conventional perforated wells (vertical and horizontal) and the intentional production of sand with the oil; a process referred to as cold heavy oil production with sand (CHOPS). The Company has interests in approximately 4,368 gross (4,072 net) hectares arising under several joint operations with the wholly owned energy companies of the Cold Lake First Nations (CLFN). It also has a joint venture agreement with the wholly owned energy company of the Bigstone Cree Nation (BCN), covering four sections under which 512 gross (462 net) hectares in the Wabasca area of north-central Alberta.


TSXV:PFC - Post by User

Bullboard Posts
Comment by mining_pays_my_billson Jan 16, 2014 12:55pm
160 Views
Post# 22099617

RE:RE:RE:RE:@ardbegoil - I am holding as well - long term

RE:RE:RE:RE:@ardbegoil - I am holding as well - long term Sorry, I must admit I sold about 5000 on tuesday, to put a grand into another venture. However, that was a small part of my position, and the rest is staying with me until all this excitement comes to a head. i promise. This thing moves so much on such small volume- since the announcement of the drilling program it's gone up like 60% on volume of about a  million shares. Now imagine if their one-2-one investor forums are successful and institutions want to buy in. They don't buy shares in lots of thousands, they buy millions! A couple million shares purchased by an institution would gobble up all the shares available from here to 40 cents, a few more million after that would take us to 50- hopefully institutional accumulation in the next few weeks/months will take us to those levels. Even before the drilling starts, then up and up we go from there. Remember Heritage Oil holds about 16 million shares, and they aren't selling. There's a pretty low float on this stock- a few million shares will have a huge effect on share price- it will fluctuate 30-40% with those big volumes I think.
Bullboard Posts