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Bullboard - Stock Discussion Forum 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... see more

TSXV:PUL - Post Discussion

Pulse Oil Corp. > Why isn't PUL moving
View:
Post by ark88 on Dec 15, 2022 11:14am

Why isn't PUL moving

been watching PUL a bit now, wondering given the near term catalysts for significant upside, why isn't the sp responding? Is the enormous $0.05 paper out there weighing on the sp? Why wouldn't these holders sell, especially when the warrants are priced so close. Looks like the 0.07 support may fall.
Thought?
Comment by ark88 on Dec 15, 2022 11:42am
I can't remember the last time I saw a $12.5 million raise done at $0.05. That's some serious greed at the expense of retail holders.
Comment by Goldy63 on Dec 15, 2022 11:53am
Takes money to make money Ark and that raise was done in Feb . Oh you forgot to mention this part. (Quote) .Pulse insiders have committed to subscribe for approximately $6M of the offering.
Comment by Goldy63 on Dec 15, 2022 11:44am
Guess who wants in cheap lol. The EOR was just recently implemented Ark so new and improved production numbers and higher BOE/D Numbers IMO are going to show in Jan . Add tax loss season till end of the month and thats why I think we will find a floor around this sp . Bid support not bad at 7 Cents . Yup patience pays and hey been here a long time and 4 Cent shares work for me . Cheers.
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