TSX:PVS.PR.G - Post by User
Post by
wofatson Mar 16, 2001 4:44pm
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Post# 3485033
Just a thought
Just a thoughtPvs.is self funding now is it not or will be very soon?? The private placements have been completed and will be used. 1-build the pipeline 2-drill the well in the Ft.St.John area..
The well being drilled ,according to the information, should add to the existing gas that will be sent to the refinery.. Again according to information this should give a net cash flow of over a $100,000 per month to the Priority coffers??Gas it seems is easily forward sold if there is a pipeline..
To the point of the thought now.. if the shares stay under the .40 cent mark now while the well and pipeline are being built and drilled ..so what..is that not considered a buying opportunity
Buying cheap and selling higher is the name of the game I thought.
The cheap stock from the .20 pp is drying up it seems though and those sellesrs are gone ..It is becoming more difficult to pick up .35 stock and the sellers seem to be comming in at the .39......40 level .."shrug" oh well ..new buying level it looks like ..
Keep the shares low ..it matters not .the story I assume will eventually come out ..In for a pound ..forget the pennies..
A question though ..what is long?? 60,000 shares?? more..just curious