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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 presto10on Nov 25, 2008 10:53am
527 Views
Post# 15608675

Competition

CompetitionDivestco netted close to $38 million in NET income in the past two years but have a little bit of a problem to the tune of $7.5 million in convertible debs maturing they haven't paid off.  Spent $20 million on shoots and the year hasn't come in as expected.  Market cap has been crushed and is under $8 million this am!  Only 40 million shares out plus some more for about $700,000 of the convertibles that will be paid out in shares.  Keeping in mind that psd bot back 1.4 million shares this year for half of DVT's market cap, I'd say DVT is a heck of a bargain!
Bullboard Posts