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Bullboard - Stock Discussion Forum Palliser Oil & Gas Corp. PSLRF

"Palliser Oil & Gas Corp is engaged in the exploration, development and production of petroleum including high netback heavy oil in the greater Lloydminster area of Alberta and Saskatchewan."

GREY:PSLRF - Post Discussion

Palliser Oil & Gas Corp. > Analyst Recommendation
View:
Post by retiredcf on Aug 02, 2013 7:32am

Analyst Recommendation

Has the potential to double. GLTA

https://watch.bnn.ca/#clip976887

PXL-X 2013-08-01 BUY Bill Bonner

A name he identified earlier in the year as a great investment. Now he likes it at these levels. It is heavy oil. Developed production technology that will serve shareholders well. Management is from much larger corporations. They know their way around heavy oil. Will be twice the size it is today in a year.


Price:
$0.590
Subject:
CANADIAN ENERGY
Bias:
SELECTIVE
Owned:
Yes
Comment by seanyboy on Aug 02, 2013 11:29am
Thanks for posting those links retiredcf (also used the TBE one) - saves everyone time.  1.20 and beyond seems well within reason, depending on continued good WCS prices and execution according to plan.  Given the improvement in WCS and management hints that an expanded capital plan would be considered as circumstances warrant, it seems like a given.  Gotta remember also that the ...more  
Comment by Sir_Holler on Aug 02, 2013 1:53pm
"1.20 and beyond seems well within reason," The key is pipeline capacity so the market is confident it can handle growth in the Western Canadian Sedimentary Basin. With the 1.1 million barrel East West pipeline announced yesterday and expected to be operational by 2017, and hopefully a positive Keystone decision as well as the increased rail shipments confidence should return to long ...more  
Comment by Sir_Holler on Aug 02, 2013 5:22pm
The last financing was a bought deal at $.63 without warrants and announced January 17 when WCS wasn't so favorably priced. A strong quarter, strong production update, and increased guidance due to increased capital spending could mean a strong move for the stock!
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