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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

Bullboard Posts
Post by bjbearon Nov 08, 2001 8:38pm
983 Views
Post# 4385660

takeover?

takeover?looks like a takeover by or an amalgamation with i suspect request seismic (t.rsh.un).several reasons for this are as follows: -large volume spike on or about oct 5/01 for pulse data, indicative of insider buying (see this most of the time on canadian stock exchanges!)ahead of the offer or business deal, etc. -large drop in price for request seismic approx 4 weeks later. perhaps request insiders think the offer is too rich or income investors are worried about their dividend.with request not saying what is going on, causes request investors to panic sell -pulse data has been very underpriced up to oct.5/01 so some sort of a deal with request makes sense to get a better price for their shareholders.( i might add that the arc venture energy fund would be a big beneficiary as they own almost half of pulse data )
Bullboard Posts