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Bullboard - Stock Discussion Forum Petroglobe Inc. PTGBF

"PetroGlobe Inc is engaged in the exploration, development, and production of oil and natural gas in Canada. The Company holds interests in Pembina Cardium light oil, Pembina Edmonton Sands natural gas, and Red Earth Slave Point light oil properties located in Alberta, as well as Sawtooth oil property situated in the Grand Forks/Taber area in southern Alberta."

GREY:PTGBF - Post Discussion

Petroglobe Inc. > something is clearly up
View:
Post by uograd on Apr 20, 2011 4:09pm

something is clearly up

Anytime you see GMP, Peters and a couple of other new names on the bid and all of a sudden National Bank quit selling their shares, you can probably assume a deal of some kind if about to be done.

won't be at a dollar but will probably be at more than .09 cents.
Comment by uograd on Apr 21, 2011 7:25pm
Wolverton buys 200K of shares at the close at the highest closing price in a couple of months.I think the Easter Bunny is going to to lay a deal over the weekend.They would be a perfect fit for Tangle Creek who just raised $150 million and are private and want to focus on the Cardium in Pembina and Slave Point in Red Earth as two of their four key areas.www.tanglecreekenergy..com
Comment by LeGagneur on Apr 22, 2011 12:44am
exiting stuff...