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Bullboard - Stock Discussion Forum Petro One Energy Corp CUDBF

GREY:CUDBF - Post Discussion

Petro One Energy Corp > Last release
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Post by STE15165 on May 16, 2014 9:15am

Last release

Very interesting. You can see it won't be a benign year like the last. I say we could generate enough boed to finance our property's soon. I actually bought some shares in my tfsa. I bet I'm the only one to do that. Thing is a little bit of good news doubles this thing and there seems to be a lot of hidden commotion in the background. Don't forget royalty's are almost negligible in Saskatchewan. The oil is high quality with high netbacks. Our board does not draw any salaries. GLTA
Comment by stockeditor on May 16, 2014 11:58pm
You are on to something. The Company has spent a lot of time assessing and documenting its resources, and it now has a detailed inventory that it can use to attract JV/farm-In opportunities. I see them generating very high cash flows if they are able to excute their plan. Given, the demand that is currently out there, they are going to have a great chance to find a jv partner.
Comment by rbt2b2 on May 20, 2014 12:45pm
You bet wrong my friend.  I have a larg and growing postion in my tfsa.