OTCPK:BLKPF - Post by User
Post by
auburn2on Oct 27, 2017 6:00pm
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Post# 26870585
Phenomenal Leverage Should WTI Really Get Going
Phenomenal Leverage Should WTI Really Get Going
Are PXX shareholders aware of the degree of leverage Blackrod affords? Onion Lake is considered Tier 1, and Blackrod isn't, but it is possible they can in a beter oil environment sell Onion Lake and use the proceeds to develop Blackrod. Of any name in my coverage sphere, the insider ownership here is at the very top. Three execs have almost $30 million of direct stock holdings at current levels. At $2, they have almost $60 million. That's a reassuring degree of skin in the game.