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Petro One Energy Corp CUDBF



GREY:CUDBF - Post by User

Comment by HotSnoton Mar 12, 2013 4:28am
287 Views
Post# 21114567

RE: RE: RE: RE: RE: Still here?

RE: RE: RE: RE: RE: Still here?

I'm averaged at .90

Before POP was in oil they were in something else completely different and were renamed as Petro One about 2 years ago.

I'm not sure POP knows how to efficiently drill a well.  I believe management is learning on the job.  Hopefully they paid attention to what ARC did and can duplicate this process on their own.

I'd like to see more drilling but not at the cost of extreme dilution which may be the main reason for partnering with ARC in the first place.

All the financings done above 1$ were pretty much wasted IMO.

I'm not sure POP is making money fast enough to drill more holes at a more advanced rate.

Its hard to know whats going on because POP doesn't tell investors anything.

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