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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

View:
Post by roscoe74 on Nov 30, 2014 9:32pm

News

Palliser Oil & Gas Corporation Reports Q3 2014 Financial and Operating Results and Negotiations on Amalgamation with Maha Ongoing V.PXL | 7 hours ago (via Thenewswire.ca) November 30, 2014, Calgary, Alberta - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE:PXL) wishes to report financial and operating results for the three and nine months ended September 30, 2014. Certain selected financial and operational information is set out below and should be read in conjunction with Palliser's financial statements complete with the notes to the financial statements and related MD&A which is expected to be available at www.sedar.com and the Company's website at www.palliserogc.com on Monday, December 1, 2014. Operating & Financial Highlights - Three and nine months ended September 30, 2014 and 2013 (unaudited) Read more at https://www.stockhouse.com/news/press-releases/2014/11/30/palliser-oil-gas-corporation-reports-q3-2014-financial-and-operating-results#SYq7E1m0rPlgHk3b.99
Comment by roscoe74 on Nov 30, 2014 9:48pm
Still on life support but it looks like PXL will be reincarnated as Maha on Dec 5 2014. Amended credit facility is likely due to drilling success in their farm in ventures. Lets hope the cure isnt worse than the affliction for PXL bagholders.
Comment by stellar8 on Nov 30, 2014 10:31pm
It can't really get worse from here. I'm looking for PXL to move up between .05 and 10 cents this week. 
Comment by mexmillion1 on Dec 01, 2014 2:19pm
I believe that PXL and Maha will come to terms on the merger...why else would they have once again extended the timeline for the deal, however I believe also that PXL will get a little less than the previous announced deal...more like .15c per share...but that's a lot of upside from here...GLTA
Comment by 8675309Jenny on Dec 01, 2014 10:49pm
the ones that should get far less in the new deal is the morons from Maha. they are lucky to have anything, they could have 35m shares outstanding, with no cash and no properties .... so they should be giving up the most
Comment by roscoe74 on Dec 02, 2014 11:35am
"The morons from Maha" appear to be a lot smarter than the geniuses from PXL. Not to mention the stellar investment minds at NB. Maha is forcing the bank's hand while PXL is a hapless bystander fearfully watching with its knickers down. The latest NR pretty much confirms that the bank will amend the credit facility in the hope that Maha can make a go of it. The farm-in drill results ...more  
Comment by midnightcruiser on Dec 02, 2014 12:38pm
PXL management are a bunch of lame ducks and have been for some time now.
Comment by stellar8 on Dec 02, 2014 12:44pm
any idea what PXL will get from this?
Comment by stellar8 on Dec 02, 2014 1:00pm
do you think PXL might get 10 - 15 cents on a buy out? 
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