Pulse Seismic Inc T.PSD

Alternate Symbol(s): PLSDF

Energy Oil & Gas Equipment & Services

Pulse Seismic Inc. is a Canada-based company, which is engaged in the acquisition, marketing and licensing of two-dimensional (2D) and three-dimensional (3D) seismic data to the western Canadian energy sector. The Company owns licensable seismic data library in Canada, consisting of over 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic. The library covers the Western Canada Sedimentary Basin. Seismic data is used by oil and natural gas exploration and development companies to identify portions of geological formations that have the potential to hold hydrocarbons. Seismic data is utilized by those requiring advanced geophysics to maximize the probability of project success including companies exploring for non-traditional forms of energy such as lithium, companies developing carbon capture, utilization, and storage projects, and companies exploring for helium. It offers its database in various formats, including Seg P1 Format (NAD27) and ESRI Shapefile Format.

TSX:PSD - Post by User

Pulse Seismic Inc

Bullboard Posts

Comment by Baysarjon Feb 02, 2013 10:12pm

157 Views

Post# 20930218

RE: RE: .20 dividend ?

They spent $30.5m in 2012 on just debt repayment and share buyback..... Debt should be paid off within 2 years max, and then the company will have over (hopefully) $50m of cash flow to spend on dividends, share buybacks, and capex.

Dividends are only costing the company $4.8m currently.... They could easily double or triple the current payout in 2-3 years.

Just be patient. The dividend is only going up from here.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario