Bullboard - Stock Discussion Forum Petromin Resources Ltd. V.PTR.H

Energy

"Petromin Resources Ltd is a petroleum and natural gas exploration and production company in Canada. It is focused on its core operations, which include oil and gas producing properties in Alberta, Canada along the Western Canada Sedimentary Basin. The company owns an interest in Frog Lake area which consists of oil deposits, Gilby Property, Morningside Property, and Redwater North property." see more

Add To Watchlist

TSXV:PTR.H - Post Discussion

Petromin Resources Ltd. > How long is too long?

View:

Post by Ceiba on Nov 26, 2018 8:09pm

How long is too long?

https://www.forbes.com/sites/robisbitts2/2018/11/26/the-markets-may-fear-another-watergate/?utm_source=FBPAGE&utm_medium=social&utm_content=1927373690&utm_campaign=sprinklrForbesMainFB#568566a85874

Now that we're in the second half of the 60 cases duration distribution, we're looking at 4 - 8 years for our case to be finalized. But if the interest rate for the USD is expected to be high, we may be looking at the shorter end of this spectrum. It has been four years and five months already.

116