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Bullboard - Stock Discussion Forum Petrox Resources Corp. V.PTC

Petrox Resources Corp is engaged in the business of acquisition, exploration, development, and production of petroleum and natural gas resources in Canada. The company principally generates revenue from the sale of commodities, which include crude oil and natural gas.

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RE:Why do they need to do the consolidation?

They need to consolidate to do a private placement. It says that clearly in the news release. They are doing it to raise money and probably buy more assets.  rate and reply

Why do they need to do the consolidation?

usually, share price drop after that.  rate and reply

RE:RE:Earnings out on sedar

10M valuation notes a stretch !   rate and reply

RE:Earnings out on sedar

They look pretty good to me. Making money at least. Of course thye still have a long way to go  rate and reply

Earnings out on sedar

Take a clap  rate and reply

Updates?

has anyone tried contacting this company? I emailed them today. Waiting on response. Would like to know when we can expect any news and earnings. Its been like a year lol  rate and reply

RE:RE:Earning coming out look for a profit!!!

Usually according to past releases april 7 was the day!  rate and reply

RE:Earning coming out look for a profit!!!

wheres the earnings??  rate and reply

Earning coming out look for a profit!!!

Thursday the 7th or Monday 11th of April this is a gem!!!  small company but wonderful margins!! A repeat of 2014 is not that far away.   rate and reply

This is the right link. My apologies!

https://www.wellwiki.org/wiki/Petrox_Resources_Corp.  rate and reply

11 wells owned and currently operating.

https://www.wellwiki.org/wiki/Petrox_Resources_Corp.  rate and reply

RE:RE:RE:RE:20 million dollars oil reserve at 120$ a barrel

The wells all the properties are in motion pumping some oil at 150$ a barrel!!!! High risk but the reward migth be crazy!!!  rate and reply

RE:RE:RE:20 million dollars oil reserve at 120$ a barrel

Aren't day pumping and selling oil price will decently go back up to 0.25 by May just like it did in 2014   rate and reply

RE:RE:20 million dollars oil reserve at 120$ a barrel

Cares about what.    rate and reply

RE:20 million dollars oil reserve at 120$ a barrel

Problem is management doesn't care.  rate and reply

20 million dollars oil reserve at 120$ a barrel

Plus revenue keeps creeping up don't forget wen this compnay first listed after the 2014 crash little float will push it beyond 0.03   rate and reply

RE:RE:cash cow?

Insightful thanks. Not good with numbers?   rate and reply

RE:cash cow?

LOL  rate and reply

PUMP and Dump

You always know these sh!t stocks because @ssholes like Soopyspoon73 are out there pumping this garbage all over other boards claiming - 30 BAGGER, yup just a complete idiot trying to push a junk...read more

WTI @ $125……..

...  rate and reply