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Quantum star
Read my post yeaterday at 16:54
But you stated yourself Quantum
'Tomco are heavily involved in Petroteq' sunday 14:59
Now you state
'Pull PQE away completely - where are we ?
I'll tell you where - Up SHTIE (typo) creek without a paddle !'
So you agreed with me BTW PQE would be up the creek without Valkor
Ohmetoe,
Secondly, Although I don't really feel the need to apologise when speaking or asking a question about Petroteq on this forum due to the strength of our connection with them (Extremely Strong)
Using the manners I was born with I did apologise in the original post for doing so.
This is my last post for the bulk of today (bogged down with work) - JUST a thought does anyone know if Tomco has shares in PQE? - would be great if we did.
Okay, ohmetoe,
Pull PQE away completely - where are we ?
I'll tell you where - Up SHTIE (typo) creek without a paddle !
Incorrect
TOMCO are not ' heavily involved in Petroteq'
We have a multi licence and use of PQE I.P
After that Tomco are doing own thing
ohmetoe -
Yeah I do!
& Tomco are heavily involved in Petroteq
My initial question was regarding a petroteq asset (as noted above)
Just for your information
This is actually a TOMCO bb in case you didn't know
Ohmetoe -
I do think when companies are in R & D phase as is/ was PQE - there is always a handful of surprizes around the corner and scaling up several times always comes with problems (those surprises often cost $ to improve/ fix). I'm not going to defend your views on David as they are yours and mine are just a wee bit different. I will say though PQE do seem to have a high turnover of executive staff.
Parmz -
Interesting links, I do like what David is doing - I'm not planning on investing a fortune just a wee bit of my PQE profits. When I do projections I always feel best to under estimate my position, because exceeding targets is much more satisfying than underperforming.
I would have been quite happy to see PQE through to production (I know were short of $ - but it would have been an interesting chapter for the company)
I would not listen to a word of anything Sealock says about projections lmao
Look on YouTube for his projections when he was at PQE talk about King ramper
I may be wrong, it was guess.
PetroTeq CORT tech can definitely play huge role in the cleanup drive in Canada
https://globalnews.ca/news/4617664/cleaning-up-albertas-oilpatch-could-cost-260-billion-regulatory-documents-warn/
After reading SkyQuarry, I feel Viston is buying PetroTeq to use the technology to cleanup the pollution created by the oil sand mining in Canada..
Viston United Swiss AG (“ Viston ”) and its indirect, wholly-owned subsidiary, 2869889 Ontario Inc. (the “ Offeror ”) is what buying PetroTeq shares. Ontario Inc is Remediation and Other Waste Management Services Industry.
https://www.dnb.com/business-directory/company-profiles.2355294_ontario_inc.63fb3bf9b5a51f5ad966ffe144ae4fe6.html
An investigation by the Alberta Energy Regulator estimates the total cleanup costs of oil sands mining operations facilities is around $130 billion.
Its huge market. I remember reading earlier that the most of cleanup funding will be provided by the Govt.
Hi Quantum, thanks for sharing about the Sky Quarry.
The valuation is - $37.5 million. From the comment section, I see these projections. The projected income seems fine. Don't you think there are better ones in the market? I am no expert, just asking to know more information.
Year – Gross Revenues / Net Income
2022 – 10.0 M / 3.1 M
2023 – 47.3 M / 15.3 M
2024 – 56.8 M / 18.2 M
2025 – 73.6 M / 23.2 M
2026 – 85.8 M / 27.1 M
Typo's
Yeah Vauch, I have a small holding in PQE of 100k.............. *** shares which I purchased for circa ............*** £6K.
Is it me or does this site have auto correct as you post?!!!
Yeah Vauch, I have a small holding in PQE of 100k share which I purchased for circa £6.
Not a mega sum but better than a kick in the teeth.
I also will be adding extra Tomco shares and more than likely a £10k investment with David at Sky Quarry - I see his company in a similar way to PQE - Solvent based extraction technology.
Guyz if you wish to look at the Sky Quarry project started by the Ex-CEO of Petroteq; David Sealock, here is the link and application process for the crowd funding.
https://equifund.com/skyquarry/
https://skyquarry.com/
Good, luck and as I always say if you do want to invest DYOR, pls.
I always felt that Sealock was sacked even though PQE said he had finished comissioning the plant
Thing is with Sky Quarry is how close is his version of the PQE tech ?
I'm sure Viston will want to know
Hi Quantum
I have been in this from Netcentric days, so it has been a long ride.
If they get this of the ground it will be life changing for all investors in it.
But we have had turbo shell then RF & now we are trying to fund first shale plant, along with that we now have a deep extraction again.
If we could have production from one would be a start.
By the way im in big ish 20 mill shares so far but I have a big wedge coming from PQE, so may double my holding.
Ohh and Vauch,
I'm not saying this new project is WRONG - I was puzzled and came here to see if I could get answers. A bit of DYOR or due diligence - which is even harder to do if you are looking at some companies on crowd funding sites. As you more or less only have their word for things in a round about manner.
It's quite difficult to find chat forums for OTC stocks, although saying that it took a while but the best i could find was Yahoo Finance (better than nothing)
I may put £10k in as i'm due a nice sum from this hostile take-over of PQE - Only invest what you can afford to lose!
Yes, Vauch.
However the company involved in what I found are claiming they own they solvent tech. Does make you wonder though as this company is a pre-IPO status and looking for public crowd funding
However you look at it, it matters not a lot as the PQE takeover will be a formality now.
Ohmetoe,
In short, YES.
I do have good faith in David and was surprized when he left PQE - I have followed him since his departure. Then was shocked to find out to say the least he has bought PR Spring via his company.
Why was I shocked? Because I had the belief that PR Springs was very much a part of PQE with it's reserves extra.
PQE also mention PR Springs in their last news announcement but nothing about having sold it on. I just wanted to check it out B4 shouting out about it.
I also am not to familiar with Licencing chunks in the area, PRS could be one licence or multiple.
Take a look here:
http://www.twopeople.ai
I made this up and did minimal edit as don't want to be done for copyright. The top of the image I wrote in red (that is me, adding my take of the words "Zero-Cost" Oil)
I was extremely surprized to note PR spring no longer belonged to PQE or at least that is how I have interpreted things.
PERFECTLY GLAD Too;
here some sensible views in return (negative or positive) as long as it's debatable!
Quantam star are you talking about David Sealock?
This is a cheap entry point before we get new money coming in from profit taken from PQE ,, in my opinion..
@quantume star 22:16pm
Cheers for that, appreciate any thing you can muster. Every little helps for the team.
Dazzle
Dazzle,
The reason I asked was not being so familiar with the scale of PR Springs and licensing chunks or be it one licsenced chunk. I have strong reasons for believing it has now been sold off - assuming PR.S. is one licsence.
I think I will need to read the full data on what I discovered yesterday with realtion to this sale (PR.S sold for US$3.65m)
WHILST you guys have read this far is there ANYONE here planning to re-invest into oilsand tech? I MAY hae something along those lines you'd be interested in - JUST LET ME check out in more detail what I found .... If it's above board (Which I can't see why not WHEN YOU SEE who is behind it - A guy I trust VERY much)
@quantum star 16:36
Pr springs is an area in Utah, highly prised by eco worriers, lots of google on pr springs a few years ago, couldn’t see a problem now what with game changing nomen-water using and no chemical waste of PQE (Cort)
https://www.reddit.com/r/Petroteq/comments/nneqf8/quorum_short_stuff_how_quadrise_and_greenfield/
I think its more to do with the BLM leases from 2020 see link: https://ir.petroteq.com/sec-filings/sec-filings/content/0001213900-20-042837/0001213900-20-042837.pdf
Also mentioned in a Tom of proactive article where pr spring land hold a significant amount of tar sand see diagram in link:
https://www.proactiveinvestors.co.uk/companies/news/923788/tomco-energy-oil-sands-project-moving-forward-923788.html/long
Dazzle
For those involved here and in PQE this question is for you,
As random a question this maybe who owns "PR Springs" rights to develop or out-right land ownership??
** I apologise for those not in PQE and maybe annoyed I ask this question on the TOM forum - However we are heavily involved with PQE **