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Opinions Peter Hodson
Peerless Energy Inc.PRY.A.TOHOLDNov 26, 2007
Being acquired by Petrobank Energy (PBG-T), which is a great deal for Petrobank. Doesn't see any other bidders coming in. If you own, this will give you a play in the Bakkens field and access to their technology.
$5.16
Stock price when the opinion was issued
oilgas
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HOLD
Petrobank (PBG-T) has made an offer to acquire them. Extraordinarily talented management and he is surprised the deal has happened. You will get 0.8% in shares and the rest in cash.
Michael SmedleyOwned
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TOP PICK
Just bought it at 4.80. It is an oil and gas company, primarily oil. It has had 100% drilling success. Royalty rights are still low on the new wells. Evaluation is low. It has pretty good value.
Allan JacobsOwned
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