TSXV:PQE.H - Post by User
Post by
BlueMetal75on Dec 30, 2019 11:13am
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Post# 30501321
Approaching the 52 week low
Approaching the 52 week lowThis multi-week sell-off comes as no surprise, given the disastrous conference call two weeks ago. As soon as the call ended, I knew it was a catastrophe (as I immediately posted here). I wonder, did our mgmt realize how bad the call was, and how badly it would be received by the market? How could they be so clueless? And tripling up on the stock options for the insiders didn't exactly help either!
What we need in the New Year is news. We need to hit our goal of 1,000 bpd of good quality, sellable heavy oil, by the end of the first quarter. If we can achieve that, then it's a whole new ballgame. We will have achieved what no one else has managed to pull off, and our future will be bright indeed!
If we fail to reach the 1,000 bpd goal? Well, I don't think I need to go into details. We all know it will get very ugly, in that case.
C'mon Petroteq, show the world what you can do!
Happy New Year to all the longs!