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Pace Oil & Gas Ltd T.PCE



TSX:PCE - Post by User

Comment by mo1975on Mar 07, 2013 12:09pm
264 Views
Post# 21094392

RE: RE: RE: Pace shares holding up

RE: RE: RE: Pace shares holding up

well we will  just have to wait for the results for the fourth quarter and year end... we just got pace so avf and chx cannot be too far away...the intrecacy of the er deal i think it was 80 million plus all the debt that came with e.r. add to that that parkland also covered all the cost of the sales and admin fee.... it should give avf quite a new look when they will update their financials... the numbers quote with the merger was 64 million debt before the sales of er. so should have left avf with a 16 million profit and cash flow improved.... however do not count on any of that as it was with pce  there might be some surprises....I think avf is a way better positions than it appears....considering all of the little sales  .i.e. theather, real estate ect... which they turn a profit on

 

 

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