Pace Oil & Gas Ltd T.PCE

the price of oil!

[naga00]

with the price of oil dropping like a stone- all the oils are tubing! rev yield cash flow yields earning.  with oil dropping some 30 dollars/sh (wti) ~ the continued downward pressure is cause all oils to held south! 

I like pce.to, bxe.to, wcp.to,cen.to,wfe.to-- they have all dropped- them all and will continue to add for the next

run~ brakes $80 (wti) we will see $75.00

[echo2]

This drop in sp goes well beyond the fall in the price of oil. Despite the fact that the spill costs should largely covered by insurance, cash flow will be impacted, though at this sp we have not seen similar P/CF ratios since the dark days of early 2009 when oil was plummetting to $40 and change. Still feel that with the sp at 25% of NAV and huge undeveloped resources, PCE is a target to be taken