Comment by
Power4Play on Nov 05, 2014 8:05am
Petro One receives Milton drill licence
Comment by
Phanton on Nov 05, 2014 9:30am
Getting a licence to drill is ok.But getting the money to drill is not as easy.With dropping oil prices and the shares trading below the PP price of .25 makes me think that the Koreans wont as exited to invest as they were before.
Comment by
coalnow2 on Nov 05, 2014 9:41am
You don't invest millions based on today's oil price.........its a 10 to 20 year picture, Koreans or anyone else. End of the day it appears there is a lot of oil on there land. Long term holders 2 years and greater will do great. Traders who debate over news to move it a penny, well that's their game. CNQ was once a penny stock as well - 20 years later its market cap is in the billions