Value Microcaps Motherboard

[cliffvb]

PRY.v I think the big selloff is due to production shortfalls:
In Q1, they produced 4315 beopd
In Q2, they produced 3615 boepd
For Q3, they are guiding for 3100-3200 boepd.

Production was slowed with spring break up but it certainly appears to be going in the wrong direction. In their June presentation that is still on their website, they guided for 6,000 boepd by year end. Don't see how they'll even come anywhere close to that! Basically, whether the company succeeds or not depends alot on the success of their switch to water injection going forward. The stock is certainly dirt cheap. $100 mil mkt cap vs. $342 stockholder equity and PV10 of $1.9 billion. Dundee Capital has a target price of $1.75 vs current price of 40c. Does anyone have access to that report?