Yes, Pactolus, GOR will "soar" partly based on the POG, partly based on the truth machine (drill-bit), and strong JV backing. Don't forget that ALL 2017 and beyond drilling is easily paid for!
This is another possibly HUGE sp/value catalyst which another non-holding poster conveniently omitted in his "cautionary" post, ie. zero exploration potential creating a higher sp. Rather arguing there is little to NO chance of material sp appreciation combined with NO chance of a bidding war solely based on some 10% block of shares halting ALL chances of a bidding war.
To be clear, I hold, am long, and over the mid- to long-term Mr. Market will decide who is right. This in NO way means I'm correct, but at this moment I prefer my investment thesis.
OV
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Good read, page-7
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Mkt cap ! $1.944B |
Open | High | Low | Value | Volume |
$1.80 | $1.81 | $1.78 | $7.617M | 4.251M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 37263 | $1.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.80 | 215195 | 13 |
View Market Depth
No. | Vol. | Price($) |
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1 | 17000 | 1.790 |
3 | 43048 | 1.780 |
7 | 127555 | 1.775 |
6 | 64569 | 1.770 |
4 | 81812 | 1.765 |
Price($) | Vol. | No. |
---|---|---|
1.795 | 137046 | 10 |
1.800 | 121224 | 10 |
1.805 | 47491 | 3 |
1.810 | 93676 | 5 |
1.815 | 6283 | 1 |
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