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Palliser Oil & Gas Corp. PSLRF

Energy Oil & Gas E&P
"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

Palliser Oil & Gas Corp. > New Reserve Report - NAV 49c a share FD
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Comment by diggerbullon Jan 30, 2015 3:34pm
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Post# 23383103

RE:New Reserve Report - NAV 49c a share FD

RE:New Reserve Report - NAV 49c a share FDI think a person needs to look at the market in a whole. Heavy crude has a slim margin if any at all, probable means nothing right now and the line of credit which is secured by the assets is in major default. I would value these shares at $0.00 unless a miracle is to happen and some sucker can buy the property or Company to payout vendors, services debt obligations, cover the company’s absurd overhead and make money off of heavy, discounted, Canadian crude. IMOP
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