PVE 2.94% 3.5¢ po valley energy limited

quarterly reports due out tomorrow, page-12

  1. 8,615 Posts.
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    I fail to see how some pressure problems in one well, and not even the most prospective, justifies a 60-70% fall in the last couple of weeks. They only way I can imagine a fall this large is if there was some environmental problems associated with the well problems or some debt that is due very soon. I think neither of these are highly probable. At these levels I am willing to buy more and take my medicine if I turn out to be wrong. The irony is that I bought this one to get a nice stable producer into my portfolio...not even GDN is this volatile.
 
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