RE: RE: RE: RE: RE: RE: flow ratesKingdaddy...companies do private placements all the time and trade higher than past private placement issue prices....really not a big deal...the thing that matters is if the pp shares are in strong hand or not. I mean usually investors who buy shares in a pp are not looking for 1 to 2 cent gains...doubtful free trading period will bring about much trading...the key thing to drive share price and interest is if the story is unfolding and so far nothing bad to be pannicked about has happened. Quite frankly...the fact that the latest pp is a higher price than the December one is a bullish sign.
This one well is so key for many reasons....I mean the biggest reason beyond getting some near term cashflow is it can help to start to prove this is a repeatable excellent oil play in Pembina. Rbe will have other options than having to drill all 15 wells. Our market cap is low...after a few good oil wells...with 65 plus netbacks on oil from that area...and the quality of the Pembina land...I am excited as heck. Let's see some of this story play out being making a judgement.
Judging by insider buying...at least one insider seems to share my excitemet.
Private inbox me and we can make arrangments and I can buy your shares if you want.