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Palliser Oil & Gas Corp. PSLRF

"Palliser Oil & Gas Corp is engaged in the exploration, development and production of petroleum including high netback heavy oil in the greater Lloydminster area of Alberta and Saskatchewan."


GREY:PSLRF - Post by User

Post by dano12on Apr 25, 2014 11:05am
403 Views
Post# 22490929

Gear Acquisition

Gear AcquisitionWas hoping Gears 2000 BPD acquisition was Palliser but unfortuneatly wasn't.
If we use the same metrics from the Gear deal at 42,500/FB we get a $85MM takeout for Palliser 
less $45MM debt = $40MM/64MM shares = $0.62/share.

Optomistic I know but lets hope for soemthing close
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