Replies to post #1211 on Petroteq Energy Inc (PQEFF)

[swagman]

UTOilMan ... thanks for the link to a 6 month old post ... some good things have happened since then.
Agreed, the massive dilution has/is hurting all us longs
I would note, though, that Blyumkin's shares (he's bought all along the way) are also suffering just like everyone else's
By end of next week, the plant should be running two 12 hr shifts and steadily increasing bpd produced. There's at least a little redeeming hope in there somewhere, eh.

[JJDCPA]

Excellent thread UTOilMan

It mostly echoes what I have said about their process possibly being feasible, but not economical. I am not an engineer but I do know the difference between producing something in the lab (chemistry) and producing mass quantities of it (chemical engineering). It also makes sense as the thread pointed out that PQEFF is either having oil recovery problems (the claimed 99+% recovery looks fishy given the low grade of the ore) or solvent recovery problems, or both.

[JIgnacio732]

You got that right. Thanks for this!