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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 roscoe74on Dec 11, 2014 2:14pm
186 Views
Post# 23220299

RE:RE:Will they close by tomorrow?

RE:RE:Will they close by tomorrow?
Yeah, either the geniuses tried to pump too hard in desperation last winter as they bumped against the credit ceiling or their production assumptions are unrealistic to begin with. Heating 3X the production water with propane is one of the costs that needs to be dealt with. I wonder how Maha came up with their rosy forecasts? Rosy forecasts and a pocketful of lint won't help the bankers get much sleep though, lol.-----The bank probably insisted on appointing a minion onto the PXL board to guard the petty cash as the PXL geniuses see a Merry Christmas slipping away.-------I sold a bunch at the merger announcement, likely to jenny, and bought a pile more lately to lower my ACB. I wonder if the 'haircut' will be above or below the chin?
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