BlackPearl Resources Inc. BLKPF

Will This Happen ???

[ariesleaf]

Some of the most recognized billionaires in money management are getting in on the oil recovery, with analysts predicting sustained higher prices for years

[pablo87]

Thing is, there's nothing mgmt, you, me, the BoD can do about it. What can be done is partially being done but more can be done. Festival doesn't seem to realize what a great asset he has (or maybe its not so good...) with Onion Lake thermal, vast majority of small cap o&g CEO don't have it so good. So focus on that and move on from the rest of the assets.

[alta0264]

I think they know Onion Lakes potential very well its why almost all capex goes to developing it. Hedging commodities is a tough game and for companies like PXX growth will come only in small incremental steps. Do I wish the SP would go up and hold better? Of course. I have been patient and I still believe I will be rewarded

[pablo87]

The field netback of the other assets in 1st half was almost certainly negative; obviously not covering capex (they spent $8.5M in 1st half; prodn still declining), certainly not covering sg&a or anything else. Whereas thermal on its own is a major cash cow Co. ripe for mgmt change or buyout.

[NIGHTWATCHER55]

PIPE LINE STOPPED BY COURT. THAT'S THE ISSUE HERE. LEAVE IT TO B.C. TO F.... UP EVERYTHING.

[ariesleaf]

First thing that should be done cut all to BC or Raise the price to BC. Let the High price build the pipe line.

[ariesleaf]

WTI CRUDE $71.13