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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. > Still nothing?
View:
Post by traxbyweb on Feb 03, 2014 6:57pm

Still nothing?

Confidence is waning for myself on the delay on posting status update....better be good news or will be going south fast.
Comment by RIG500 on Feb 04, 2014 8:23am
in the past 2 years they have always released guidance in the first week of February. We should be getting our news this week. I don't foresee any bad stuff since it's already behind us.... PXL is barely trading at 1xCFPS...lots of room for improving our SP here....
Comment by roscoe74 on Feb 04, 2014 9:55am
Sell, sell, sell, lol. Its hard to fill a stink bid these days but if anyone wishes to bail at $.25.......? I agree that PXL is most likely awaiting data that will provide a meaningful update. Shareholders should be pleased with any company that is proactive about disclosure when there are so many entrenched boards that treat shareholders like dirt. After the RPL clowncar couldn't find its ...more  
Comment by RIG500 on Feb 04, 2014 11:43am
Agree with you on management credibility roscoe, at least with PXL, so far, I have not seen any dirty games. Bought a bunch yesterday, heavy oil fundamentals are improving and management will right the ship. At 2x CFPS, there's a very nice upside from this level.
Comment by roscoe74 on Feb 05, 2014 5:43pm
yeah, I got filled at .25 this afternoon.  At 2013 cf of ~ .23 or so, buying at these levels is ~ 1XCF if I have enough fingers for all the zeros. If this little water cut oopsie had happened to a midcap, no one would have twitched and most likely would not even have heard about it but because it happened to a microcap at exactly the worst time, its a market rout for a good little company ...more  
Comment by Oilwiz0007 on Feb 05, 2014 6:49pm
Small cap company that has many problems. Clearly they can not model the high volume lift decline accurately. This triggers lower production targets because the ones set by management are unachievable. Shareholders such as myself have lost condifidence in PXL as a whole. Be careful with this train wreck people. My forecast is once again they missed production targets and will blame the extremely ...more  
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