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Primera Energy Resources Ltd V.PTT



TSXV:PTT - Post by User

Comment by geodude13on Feb 04, 2012 11:00pm
288 Views
Post# 19491366

RE: RE: Where are we going?

RE: RE: Where are we going?

Here, here on frustrating.  I think there is a lot of intrinsic value in this stock but small market cap in an area that is niche for O&G production, along with some old assets makes for undervalued shares.  I think if Moruga proves up Parex will want the whole pie.  I just hoped that the current price was triple where is is now so if the offer came that the 1.4 multiplier is applied that we'd be in the $1/per share range.  I'm still holding and looking for that big announcement that the Moruga play is commercial.   I pretty confident Parex is sitting on the results too.

Regards

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