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Petroteq Energy Inc V.PQE.H

Alternate Symbol(s):  PQEFF

Petroteq Energy Inc. is a clean technology company. The Company is focused on the development, implementation and licensing of a patented, environmentally safe and sustainable technology for the extraction and reclamation of heavy oil and bitumen from oil sands and mineable oil deposits. The Company's subsidiary, Petroteq Energy CA Inc. (PCA), is engaged in the business of exploring for, extracting and producing oil and hydrocarbon products from oil sands deposits and sediments located in the Asphalt Ridge area of Uintah County, Utah. The Company specializes in oil production with ancillary offerings in mining and sand remediation. The Company's clean oil recovery technology (CORT) is used at its Asphalt Ridge Plant to extract and produce crude oil from oil sands utilizing a closed-loop solvent-based extraction system.


TSXV:PQE.H - Post by User

Bullboard Posts
Comment by Apprenticeon Jan 24, 2020 12:03pm
92 Views
Post# 30594761

RE:RE:RE:RE:A simplified valuation of Mkt Cap using price

RE:RE:RE:RE:A simplified valuation of Mkt Cap using price

First of all I do own PQE Stock and I would love to believe in everything you have written but unfortunately the SP is telling a completely different story. 

Theres has been multiple promises over the last months and years that they will achieve the 1000 shortly. During the call it was said right now they are working to implement adittional shifts to get this running and where are some news.

Where are the information about this special report that shows that there are 200 mio barrels. They talke abou that since months but I never get any information.

There are beautiful videos but I do get the impression that nobody is seriously interested in this technology or the licenses. 

Every news / information is highly appreciated but with them there is always an additional paragraph with " a wait, we need to tell you that we have to dilute the stock since we want to use the available cash for more important spendings" ?

I start to doubt that this technology works on an economical scale and the patents doesn't help you if nobody wants to use the technology.

I hope that I'm wrong with all my thinking but as already said the SP tells a different story.



 

Bullboard Posts