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Palliser Oil & Gas Corp. PSLRF

"Palliser Oil & Gas Corp is engaged in the exploration, development and production of petroleum including high netback heavy oil in the greater Lloydminster area of Alberta and Saskatchewan."


GREY:PSLRF - Post by User

Comment by seanyboyon Dec 04, 2012 9:44am
107 Views
Post# 20679597

RE: RE: seanyboy

RE: RE: seanyboy

You totally misunderstand me 1buck.  It annoys me to no end when companies I see some good reasons to buy throw up red flags.  In my mind, PXL has plenty of opportunity but they are overleveraging - same mistake as before the company recapitalized - (when shareholders lost everything 3 years ago, in case you don't know what recapitalization means.)  I see no way it can survive either a price shock to oil or a significant failure to execute, simple as that. 

If you are only reading and writing on message boards to hear happy things about what you already own, what if anything else are you doing here?  I'm looking for value, critically.

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