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PetroKamchatka PLC V.PKP



TSXV:PKP - Post by User

Comment by JDTRADER888on May 26, 2011 9:23am
253 Views
Post# 18627601

RE: opening share price?At

RE: opening share price?AtAt this point all speculation on the opening price is based on assumptions.The shares they will issue will be based on the net risked resource identified in the NI51-101, subject to closing adjustments,so we don't know how many shares will be issued to the new party or what the final value will be.All we know for now is that this new deal brings to PKP approx 2700 km(2) of oil& gas prospects in an already established and producing region.,and two drill ready targets.This is only speculation ,but I would not be surprised to see the stock open at 10 cents and run to 20 cents,based on the potential value of this deal ,charts over the past 18 months, and the experience and the knowledge the new insiders bring with them of the oil & gas industry in Russia.....GLTA
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