OTCPK:BLKPF - Post by User
Comment by
uwinsomeon May 23, 2013 10:53pm
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Post# 21435491
RE: RE: Politics
RE: RE: Politics Kipper - PXX has been in the corner with many of the other oil and gas producers. They have had an extra cloud hovering above, that being the extra capital it would require to finance new projects.
Never the less, I see quite a few catalysts ahead. Approvals for their projects will be coming shortly. Keystone will eventually be approved. Other piplines may move forward also. This will narrow the WCS differentials even more. When any or all of these happen, financing will be more readily available and investors will return.
If you're patient, I think this level could be a good entry point.