Been looking into PIE.
http://www.theglobeandmail.com/globe...rticle1597592/
Read recent article in the National Post. Palmer built up his position from 6 cents to 60 cents or so. PIE has 170,000 acres of land in Southern Alberta/Montana. It's near the Bakken Shale play. In the article, Palmer said that the land owned by PIE is roughly 20 miles north of land owned by Newfield Exploration. Palmer ended off saying if PIE was taken over, it would be in the few dollars range.
I'm trying to find a good price to get into PIE but the stock has shot up since that article and other announcements.
Check it out. If anyone wants, i can scan the article. I couldn't find a digital one online.