OTCPK:BLKPF - Post by User
Comment by
power_auditoron May 09, 2014 12:57am
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Post# 22542188
RE:RE:RE:looking good?
RE:RE:RE:looking good?Habs....no....have not "been long burned" with BlackPearl.....have been around for more yrs than I care to remember...and have taken advantaged of the drops and sold on the upward rebounds and so forth.....which has gone on for many yrs....I wrote by small blurb here to really just let out a bit of "steam" in the way PXX has moved on its way to reaching its 52 wk high recently....the fallback to $3.00 to me seemed normal...then.. something has not gone according to plan and hence the revised production they now forecast for 2014....Why can the Co. not make up the reduced production estimates of around 1000 to 1500 boe/d for the next 8 months? I would rather prefer to see PXX exit FY2014 at over 10K than under 10K...
The yr over yr over yr production numbers are just not consistent......to me they just seem to be all over the place....but I understand fully we(PXX) need time to implement the plan here.... and believe after the AER approvals are granted for the BlackRod 80000 boe/d SAGD project a buyer might emerge....How many small oil sand producers does Canada really need? I am betting on being acquired rather than being a consolidator here....if I am wrong then my long term investment here will turn into an even longer term investment.....ATH,PXX,CLL and STP....will ATH use their shares to take-over PXX? Mr.Taylor resume seems well suited to make a deal happen between ATH and PXX....just thinking out loud.. GLTA