PCL 6.67% 1.4¢ pancontinental energy nl

Buy / Sell ratio, page-39

  1. 7,486 Posts.
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    Come on guys get real. 50 mill M/C cheap entry for the high leverage massive acreage holdings to come under the microscope in 2015.

    Seems like serious player(s) wanting a piece of the action before it really heats up.

    Any buying cheao trading stock in low 2s not so long ago (like mois) would have been justified in taking some off the table today to freecarry the rest (like mois). This game is a case of responsible money management espesh if plenty of core is held in the smsf.

    But dont lose sight of the fact that to get to FAR's current market cap PCL shld be at 25 not 5. Should get there during next year if indeed we have 3 free carried wells coming.

    For the core, am still musing with a 1 bill M/C down the track based modest success and inventory. Would not take much given the size and quality of the giant targets defined.

    Hoping also we get back L8 cos that one should also be very popular in due course.

    Steady as she goes captain.
 
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