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Pulse Seismic Inc T.PSD

Alternate Symbol(s):  PLSDF

Pulse Seismic Inc. is a Canada-based company, which is engaged in the acquisition, marketing and licensing of two-dimensional (2D) and three-dimensional (3D) seismic data to the western Canadian energy sector. The Company owns licensable seismic data library in Canada, consisting of over 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic. The library covers the Western Canada Sedimentary Basin. Seismic data is used by oil and natural gas exploration and development companies to identify portions of geological formations that have the potential to hold hydrocarbons. Seismic data is utilized by those requiring advanced geophysics to maximize the probability of project success including companies exploring for non-traditional forms of energy such as lithium, companies developing carbon capture, utilization, and storage projects, and companies exploring for helium. It offers its database in various formats, including Seg P1 Format (NAD27) and ESRI Shapefile Format.


TSX:PSD - Post by User

Post by wizthewizon Nov 16, 2021 10:01am
286 Views
Post# 34131322

Share repurchase program???!!!

Share repurchase program???!!!Wow, PSD will purchase an average of just north of 8K shares per day over the next couple of years which is about 25% of the float. This ought to do formidable things for the SP! I have purchased this stock 4x now at `$1.90 and sold short term at /2.45 or so and now have a 50% profit in it. But to buy and hold? No incentive there so far even though it is a well run company.
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