Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by roscoe74on Apr 30, 2014 12:49pm
349 Views
Post# 22507977

RE:GMP has been a consisten buyer, and rarely are they wrong

RE:GMP has been a consisten buyer, and rarely are they wrongMaybe GMP is considering buying new equity issue. At a price that is very good for them and highly dilutive for shareholders. 

PXL requires capital to repair the balance sheet but especially for capex of $1.3mm to connect to ng to eliminate propane use. At a $3 to 4 reduction in operating costs, payback will occur in 5to7 months. 

It looks like this news is already discounted in the sp and PXL's experienced management team will find a way to work though the production concerns and enhance shareholder value.
<< Previous
Bullboard Posts
Next >>