BlackPearl Resources Inc. BLKPF

volume weighted average price (VWAP)

[Schreibzey]

Hoping for additional comments to validate my thought process - if you look at IPC's chart from 05/06/2018 through 10/07/2018, the share price seems much higher than the previous weighted average. I can't help but think the price was artifically inflated to increase the VWAP in an attempt to further squeeze BlackPearl. If this is true, the premium isn't true and the 0.22 shares isn't true either. Am I seeing this correctly?

[pablo87]

@Schreib, if so, it would benefit non Canadian shareholders at the expense of Canadians.

[Easyman]

Please tell me how that is that "it would benefit non Canadian shareholders at the expense of Canadians.", thank you! We are dealing on the same markets in CAD or SEK so equal to all in my opinion.

[Schreibzey]

To me CAD or SEK is equal - the only way I see it being unequal is if there was a wild fluctuation in the currency exchange rate. As for the VWAP - IPC is not paying a premium to BLKPF IMO, but IPC is more diversified with natural gas exposure and the ability to develop so the exchange is good for BLKPF shareholders. The disingenuous talk of a premium, $1.85 CAD, and VWAP is all garbage used to

[pablo87]

For Lundin Petroleum (IPCO was spun off to its shareholders), Sweden shareholders own 18%, rest of Scandinavia 10% (not sure why they make that distinction but whatever), UK 24%, rest of Europe 11%, USA 26%, rest of world 11%.  I doubt that Canadians even own 10% of IPCO whereas they own at least 60% of Blackpearl. So any undervaluation of PXX relative to IPCO as far as the share exchange

[Easyman]

Thank you so much! We are also shocked in Sweden.