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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 8675309Jennyon Nov 03, 2014 2:15pm
260 Views
Post# 23089141

Jonas Lindvall's career is on the line

Jonas Lindvall's career is on the line
Jonas and the Swedes need to pass this deal, or they might as well pack their bags and head home. Failure on this deal, would end any chance of them ever doing a deal in Calgary again. Not to mention those that that bought the 10m private placement, and another 2-3 million dollars spent buying up PXL shares will get roasted. nothing wrong with the assets, but the swedes appear to be flyweights, IF they are unable to close this tiny deal. A break fee of 2m dollars will also go out the door. Its in no ones interest to fail, time to step to the plate. there has never been a move down in prices that has last more than a month or two in over 10 years, the 10 deep lines at Costco are a testament to that. every sharp decline is a V decline. maybe they should all take a salary of $1.00 like every tech titan CEO ... and make their company a success rather than have their snout in the trough.
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