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Pace Oil & Gas Ltd T.PCE



TSX:PCE - Post by User

Comment by terroiron Aug 13, 2012 10:10pm
156 Views
Post# 20213374

RE: RE: RE: RE: RE: late day action

RE: RE: RE: RE: RE: late day action

Fred Woods, the president, has had a successful career of build and sell. Based on the Daylight sale, Mr Woods was Board Chair at Daylight, most shareholders received a solid premium, certainly over the then distressed price. I wouldn't expect anything less than NAV.

Terr

 

PS I am a buyer going into tomorrow night's earnings release. If 2012 cash flow is anything like $1.60 the present $2.92 pps will  look awfully cheap.

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