Man look at the price for PBG.TO! It doesn't pay to bring out good news right now-it doesn't pay to bring out any news!
Great news plastered throughout the reporting and the ticker keeps going down!
In the heavy oil section of this report it mentions that they have run 35 kilometers of 2D seismic on their oilsand lands at Suttons Creek. FYI thats the "donut hole" land they own that is surrounded by BQI. Totally landlocked and to the SE of BQI current pilot testing set-up we should soon hear about the beginning of the test from BQI.
Oil pricing is totally assinine at this price as it was at $145.00. Oil prices need to go back up or "drill baby drill" will have to be changed to "nap baby nap". This move in oil has rendered the entire energy argument during the election cycle totally useless. Oil will not explore much at these prices-Period!
Whats happening is great at the pump for now-later we are really going to pay badly!
At every level this market refuses to find a moderate tone. Been going on for a year!
Kutz