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PetroKamchatka PLC V.PKP



TSXV:PKP - Post by User

Comment by bulhanineon Dec 31, 2010 4:45pm
339 Views
Post# 17913384

RE: RE: Interesting . . . lets take a realistic lo

RE: RE: Interesting . . . lets take a realistic loMy predictions for 2011:
1) Icha licence to be relinquished.  No drilling there is upcoming, thats for sure, the company silence speaks volumes on this.
2) Rig sale at rock bottom prices, proceeds to be used to pay management salaries.  How else will they keep the million dollar bonuses flowing?
3) Big rollback in shares.  500 million and counting can't go on forever.
4) A new project.

Lets be realistic, number 4 is all we have to look forward to. 
Whether it can out-balance 1-3, that is the question.
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