OTCPK:BLKPF - Post by User
Comment by
pablo87on Oct 24, 2018 7:44pm
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Post# 28868037
RE:RE:Lundin interview why they "bought" PXX
RE:RE:Lundin interview why they "bought" PXX This is what Mr. Lundin said after "acquiring" PXX as reported by Bloomberg on October 15:
“Right now, the Canadian oil patch is getting killed by the differential, which is enormous,” Lukas Lundin, IPC’s chairman, said in an interview. “But over time we think that’s going to change because there’s going to be some pipelines coming up. So if you survive this short-term pain, the long-term gain is very big.”