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Petromin Resources Ltd. V.PTR.H

"Petromin Resources Ltd is a petroleum and natural gas exploration and production company in Canada. It is focused on its core operations, which include oil and gas producing properties in Alberta, Canada along the Western Canada Sedimentary Basin. The company owns an interest in Frog Lake area which consists of oil deposits, Gilby Property, Morningside Property, and Redwater North property."


TSXV:PTR.H - Post by User

Bullboard Posts
Post by riverrowon Dec 23, 2004 11:37am
120 Views
Post# 8352523

It's all a conspiracy

It's all a conspiracyThere could be several reasons why we still don't have the latest flow results, none of them likely. 1) The flow rate is so HUGE that they have to get in new equipment to measure it. Yeah, right. 2) the flow rate is so poor that they are trying to get some other good news together to release alongside the disappointing news. Other companies have been known to do this. CUX comes to mind. 3) Some people already have such huge capital gains and taxes to pay that they are waitng till 2005 to run PTR up again, therefore are holding good news back. Also, is a company really obligated to release results of every well as they become known. Will the latest well have such a material impact that the exchange insists that they release the results? Good luck everyone and Merry Christmas to all!!!
Bullboard Posts