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Bullboard - Stock Discussion Forum Primera Energy Resources Ltd V.PTT

TSXV:PTT - Post Discussion

Primera Energy Resources Ltd > 3rd Quarter
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Post by dano12 on Nov 29, 2011 11:33am

3rd Quarter

Ok, can someone explain to me why the 3rd Q EBITDA is $.031/sh projected for the year is
.12/sh
making the PE ratio of approx. 1.3 to 1.
Thats crazy, any stock should be trading at least 10 or 15/1
making this stock worth at least $1.20 /share on a PE ratio.?????
Plus more production coming on soon.
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