Petro One Energy Corp CUDBF

quiet

[STE15165]

So quiet for along time. They don't want to do a financing at these prices so I think they have been sitting back saving the money untill they can drill a favourable zone. There are basically no expenses as nobody on the board collects a salary so even though the flow rates are low it is all profit. They have about a million in cash. I don't know the cost of one exploratory well but hopefully they can swing a deal and get us going. That's my take. Hopefully I'm not far off. Lets get that drill bit turning.