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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. > In the next 19 days, 15m of new equity at .23 a share
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Post by 8675309Jenny on Sep 26, 2014 2:29pm

In the next 19 days, 15m of new equity at .23 a share

from the phonebook just received, we find that Maha wants this deal closed by October 15. A condition of this deal, is raising 15m in equity at a price of .23c. Yet today, you can buy the same shares at a 15% discount. (better than Wallymart). Once closed the will be pushing hard and getting busying, and start the journey to producing 6000 barrels a day of oil. All of the "perfect storm" issues that PXL had are behind them, and after watching this company drift, they will increase their production from 1600 barrels to over 6000 in 1000 days. Should be more interesting to watch than what this old company was doing.
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