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Pulse Seismic Inc T.PSD

Alternate Symbol(s):  PLSDF

Pulse Seismic Inc. is a Canada-based company, which is engaged in the acquisition, marketing and licensing of two-dimensional (2D) and three-dimensional (3D) seismic data to the western Canadian energy sector. The Company owns licensable seismic data library in Canada, consisting of over 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic. The library covers the Western Canada Sedimentary Basin. Seismic data is used by oil and natural gas exploration and development companies to identify portions of geological formations that have the potential to hold hydrocarbons. Seismic data is utilized by those requiring advanced geophysics to maximize the probability of project success including companies exploring for non-traditional forms of energy such as lithium, companies developing carbon capture, utilization, and storage projects, and companies exploring for helium. It offers its database in various formats, including Seg P1 Format (NAD27) and ESRI Shapefile Format.


TSX:PSD - Post by User

Bullboard Posts
Post by BroomHildaon Jan 24, 2007 1:01am
192 Views
Post# 12077917

Ugly Chart

Ugly ChartWhile the company is well run, fairly conservative, pays a dividend it has a brutal 12 month chart. Since May its been a relentless series of lower highs and lower lows. Just hit a partial support point of 2.25 from late 2005. Next support is 2.00 (early 05)Better NG prices and even a good pop in the oil price does nothing to turn this one around - even for a day or two. Seems deeply entrenched in it's downward channel. When this thing starts to build a base for at least a couple of weeks and it breaks the downward trend line - I will jump in and buy. Unless there is something fundamentally wrong with the company that we do not know about or oil tanks (don't expect that at all) - I would look to see some bottoming between 2.00 and 2.25. At that point Buy, collect the divy and wait for 50 % + return within 6 - 12 months
Bullboard Posts