OTCPK:BLKPF - Post by User
Comment by
REAPERon Sep 29, 2010 1:50pm
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Post# 17507634
RE: North Peace
RE: North PeaceLuke what do you think the stock will be worth if the blackrod pilot is unsuccessful and they don't go comercial. With a market cap of nearly a billion dollars how do you think they will get to 50k barrells. Accumap shows some major declines on some of their wells at onion lake and there are rumours that they have shut down some of there drilling activity (i will try and confirm with a contact i have in the area). With so much riding on three properties i worry that the stock might tank if mooney or blackrod don't work. Onion lake can't support a billion dollar market cap, but time will tell. I think at these prices i will sell and watch from the sidelines. Good luck