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Bullboard - Stock Discussion Forum Petrichor Energy Inc V.PTP.H

Alternate Symbol(s):  ODEFF

Petrichor Energy Inc. is a Canada-based oil and gas exploration company. The Company is focused on acquiring, exploring and developing new oil and natural gas reserves in North and South America. Its property consists of Marble Falls Property. The Marble Falls Property covers approximately 11,695 acres of oil-rich Pennsylvanian Limestone, located in the Forth Worth Basin, North Texas in various... see more

TSXV:PTP.H - Post Discussion

Petrichor Energy Inc > Upcoming Financing perhaps?
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Post by skydiver069 on Oct 31, 2014 2:55pm

Upcoming Financing perhaps?

Anyone else get the feeling the company was hoping to boost the SP with the promo ads for potential financing down the road?  It certainly wouldn't give a financieer a sence of security buying into a stock that's been on a forever decline.  Unless perhaps it's pretty toxic financing - i/e: highly dilutive and well in the financieer's favor to try and recover their investment by selling any new aquired paper immediately after a sp pop...

Just a thought to ponder for a Friday afternoon.
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