OTCPK:BLKPF - Post by User
Post by
alta0264on Jul 03, 2014 11:43pm
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Post# 22715246
Dissappointed
Dissappointed
NIce to see all you new buyers and cheerleaders showing up. However I am a long term shareholder of PXX with a sizeable position. Rode it to the highs in 2010 and back down(my bad). Really bought the story of good management, good assets, world needs Canada's oil blah, blah blah. Now this stock just disappoints. Production slow to increase, financing not favorable whatever. What I do know is I am tiring of seeing is managements and Lundin's lackeys ownership increasing through grants of options while SP and production levels wallow. I believe in their conservative approach but does anybody else? Is alot of this oil sand production in Alberta a pipedream given the obstacles such as pipeline capacity etc.? Does any one else feel this way?? I guess I can always get out