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Pulse Oil Corp. V.PUL

Pulse is an Alberta based junior oil and gas company focussed on using the latest technology to extract significantly more oil from Pulse’s 100% owned oil and gas reserves using a proven enhanced oil recovery (“EOR”) process designed specifically for Pulse’s two Nisku Pinnacle Reefs. Pulse is not a drilling company, we are a production company with a plan to grow reserves, production and cash flow materially beginning in December 2022.


TSXV:PUL - Post by User

Bullboard Posts
Comment by Druchiion Feb 05, 2019 10:40am
43 Views
Post# 29320304

RE:RE:Longer term...

RE:RE:Longer term...My guess is that if PUL didnt raise the money we would be trading much lower than we are today.

Given the share price today, happy they raised considerably higher.  

If PUL hits 5000 bpd in the next couple years with $20 netback, CF share per share couldb be ~20 cents.  Within no debt, seems reasonable shares will trade to $1 (5x CF).

Seems like good value from here, no?
Bullboard Posts