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Proficient Auto Logistics Inc V.PAL


Primary Symbol: PAL

Proficient Auto Logistics, Inc. is a specialized freight company focused on providing auto transportation and logistics services. The Company offers a range of auto transportation and logistics services, focused on transporting finished vehicles from automotive production facilities, marine ports of entry, or regional rail yards to auto dealerships around the country. The Company operates in two segments, Truckload and Brokerage. Its Truckload segment offers automobile transport and contract services under an asset-based model. Its contract service offering devotes the use of equipment to specific customers and provides transportation services through long-term contracts. Its Brokerage segment offers transportation services utilizing an asset-light model focusing on outsourcing transportation of loads to third-party carriers. Its customers range from auto companies, such as General Motors, BMW, Stellantis, and Mercedes Benz, to electric vehicle (EV) producers, such as Tesla and Rivian.


NDAQ:PAL - Post by User

Comment by pfaffgauon Mar 04, 2005 5:55pm
132 Views
Post# 8698988

RE: PRESS RELEASE-COMMENT

RE: PRESS RELEASE-COMMENTThe valution is at 5% of total reserve value to discount (by a large amount?) the affects of the costs and possible extra shares you speak of. PAL has in hand $10 million which should take them at least one year out in meeting all the things Giroux suggested as the "qualified person". The information gathered will affect many things. It is even possible, if moly prices stay high, that PAL could get some cash flow from the 10,000 ton bulk sample this summer. Anyway, too many variables to consider at this early stage. The one thing that is clear, this is a world class orebody. The market seems to sense this. IMHO
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