OTCPK:VGIPF - Post by User
Post by
valueplaysonlyon Apr 17, 2013 8:45pm
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Post# 21268323
eric hates penn west
eric hates penn west But RPL has dropped 69 % in the last year, more than PWT. And it looks like PWT unloaded some assets at a great premium for what they can be bought for now. RPL tried to play catch up with the bigger boys but got snake bit with an expensive acquisition and then tried to woo investors with a fat dividend that will have to be cut now almost immediately. After that no one will touch the stock and PWT might buy the company back at 50 cents. This looks like another Compton Petroleum to me.