GREY:PSLRF - Post by User
Comment by
Sir_Holleron Aug 31, 2012 9:11am
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Post# 20283359
RE: hard to get
RE: hard to get PXL spent the first half of 2012 building salt water disposal infrastructure. It is now spending on increasing production, and efficient production.
"We are now at a point where we expect to begin to prove top tier return on investment with our high volume lift methodology, by increasing historical recovery factors in an operationally efficient manner." news release
The next financials, and then the growth plans for next year could prove very exciting. Their High Volume Lift Technology looks proven now, and the profits are rolling in. This stock was already above $2 with a small fraction of the production expected next year, and the High Volume Lift Methodology less proven.