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Peak Discovery Capital Ltd V.PEC


Primary Symbol: V.PEC.H Alternate Symbol(s):  HNWEF

Energy Oil & Gas Equipment & Services
Peak Discovery Capital Ltd. is a Canada-based shell company. The Company is focused on identifying and evaluating assets or businesses for future merger and acquisition.


TSXV:PEC.H - Post by User

Peak Discovery Capital Ltd > PEC Golden Cross is bullish
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Comment by skier59on Sep 28, 2012 10:43pm
172 Views
Post# 20426829

RE: RE: RE: PEC Golden Cross is bullish

RE: RE: RE: PEC Golden Cross is bullish

 

"Following the drilling and testing of the Alcobaça #1, Galp has the option to acquire a 25% working interest in each of the Company’s other concessions in exchange for payments totaling no more than 25% of Porto’s sunk costs in each concession. The Company will remain the operator through the drilling of the Alcobaça #1 well, after which Galp will have the option to become the concession operator."

GALP will make every effort to help continue this exploration. Portugal want it, and need it to be successful.This project is important for the Economic benefit of the Country.

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