Re: Petrolifera

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M14W49

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Re: Petrolifera

in response to

Re: Petrolifera

cagerattler

posted on Dec 11, 2007 05:32PM

Hi Cagerattler

Do you know what was the outcome of the 30 something million dollars that Petrolifera had invested in Canadian securities that were affected by the subprime mess? They had a press release stating that the money was not assessable at that time (they were expecting to recover it) but I never heard anything else about it. Maybe it's still unassessable and that is why the stock is not moving as expected.