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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

Comment by indoubtgetouton Oct 15, 2014 1:36pm
179 Views
Post# 23030387

RE:RE:Maha Deal will get done

RE:RE:Maha Deal will get doneNo I don't think so. Oil was say $100 when the deal was done. Western Canada select was probably not much higher than now. PXL was in a liquidity crunch with a NAV of about $1.60 at the time the MAHA deal was done. I guess you either don't remember or you have not done any homework. So the deal on the table now is still greatly in favor of MAHA!! The deal will get done and PXL will be back trading in the low 20 cent area. This market correction will end very soon.....base on the downside rate of change, it always has.
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