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PRD Energy Inc PREGF

Financial Services
PRD Energy Inc is a development stage company. It is seeking farm-in arrangements with oil & gas operators and several exploration & production licenses.


EXPM:PREGF - Post by User

PRD Energy Inc
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Post by Chevy_Chaseon Sep 11, 2013 9:25pm
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Post# 21734252

twintomatoe, I'm calling a top after reading your post...

twintomatoe, I'm calling a top after reading your post...LOL... You can't make a comparison to Burlington until drill results are out.  You could also say that Conocco Phillips bought Burlington Resources for $95 billion.  PRD has 115 Million shares outstanding... approximately.  (Keep in mind that was the easy money of 2006)  $35 billion/115 million shares = $304 share price for PRD...which means nothing until we see a result from their drilling.  
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Dealroom for high-potential pre-IPO opportunities