TSXV:ABG.H - Post by User
Post by
metalmaniakon Apr 18, 2008 1:11am
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Post# 14983614
pumpers comparing to PKZ
pumpers comparing to PKZThis is a hilarious comparison.
I owned PKZ and made 10 times my money on it.
PetroKazakhstan was a Canadian oil company, based in Calgary, that had much of its business focused on Kazakhstan where it had some 550 million barrels (87,000,000 m³) of oil and 25 billion cubic feet (710,000,000 m³) of natural gas reserves (January 2005 estimate) in the Turgai basin region. These are the second largest Kazakhstani proven reserves after ChevronTexaco's TengizChevroil. Estimated production is 165,000 barrels (26,200 m³) of oil per day. Also owned a refinery.
Now compare that to ABG and its laughable.
The fact is ABG is close to 2 year lows while oil is at 116.