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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

Comment by alta0264on Oct 16, 2018 10:16pm
87 Views
Post# 28815247

RE:RE:seeking advice

RE:RE:seeking adviceI guess the question is , "is PXX a valued asset or a liability" to Lundin family. Like everyone he is likely disappointed inPXX performance 9like all of us) but recognizes long term value. Rolling intoIPCO likely removes some one from buying it out for a relatively low cash price and allows the assets to be retained for a better day  while still leaving open the option of selling the assets for a better price should the opportunity arise. Thoughts?
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