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BlackPearl Resources Inc. BLKPF

"BlackPearl Resources Inc is engaged in the business of oil and gas exploration, development and production. The Company's focus is on heavy oil and oil sands projects in Western Canada."


OTCPK:BLKPF - Post by User

Post by auburn2on Oct 19, 2017 9:17pm
179 Views
Post# 26834641

If compared to a mining stock

If compared to a mining stock
You can pretty well compare PXX to a mining stock since it's quite similar in many respects. Very capital intensive and is considered a NAV story. Well, they have 30+ years of reserves and the enterprise value is comfortably below the NPV of the main project, leaving Blackrod as additional bluesky. I challenge you to find a gold stock as de-risked and as well priced.
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