Petrobank Energy and Resources Ltd. (PBG) --from Stockhouse.com bullboard re: Petrobank Energy:
Mkt Cap $48 mill..
User avatar drd8 4 stars August 08, 2013 08:40 pm Petrobank has submitted an environmental protection plan for a second THAI project at Luseland, just northwest of Kerrobert. It had $79-million in working capital and no debt as of March 31.
Value to shareholders could be huge! User avatar MartinDupuis.com 4 stars August 06, 2013 01:50 pm 45 reads Post Quality 0 stars If they can figure out how to commercialize THAI! There are trillions of barrels of heavy oil around the world that could be extracted using THAI. At .55 cents a share, this is ridiculous!!
I see PBG trading today at 42-43c. ScotiaBank analyst has an 80c. target. With the price of oil on the upswing, I should own this one. Their market cap is much less than cash on hand.
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