Petro One Energy Corp CUDBF

Going down

[EddieMoney]

Will be at $0.15 cents again :(

[CruelCanuck]

Please excuse my ignorance here.... I just want to know where you get that valuation? Because if you calculate their assets and liabilities, they have no long term debt, they can easily cover their current debt and have proven oil reservoirs ( at least 1.4 mill barrel) and 6 million cash coming in ( more is owed, but who really know whats up with that anymore..)  I see a comfortable valuation

[EddieMoney]

JMO lol it was hovering around the $0.15 to $0.18 mark before happened with the Koreans

[CruelCanuck]

Oh ok, lol I wasn't sure if it was valuation thing or not... The way I see it, the 0.215 support seems to be holding up for the past few days, and with more cash coming in I see this jumping back up to the 0.25+ range. Knowing the Koreans, I'm sure that they just wanted to see a bottom in Oil before investing. Either way, a total of either 16 or 18 million should be plenty of room for

[kha341]

Knowing the Koreans? What are you? 

[CruelCanuck]

Oh please... Grow up..

[rbt2b2]

Jumped from 13 to 15 range to 17 when CPG bought out CanEra.  It was hovering around the 23 to 27 mark at the time of Korean deal.  Shot up to 34 closed down to 27 then took off.  I find it interesting that a Korean company was involved in the Bellatrix fiasco sending that stock up through the roof then bailing at tanking the stock.  3 big promises to fund then back out.