Seems to me that Pacrim don't really care about the gas find in America. They have told us shareholders nothing on the subject (I have had to do a lot of deleving and investigation into where they are drilling etc), why can't they come out and tell us what's happening.
I know that Pacrim is all about gold, but this gas find in so large (1 tcf) that with a bit more exploration could provide much needed capital to the gold project. Surely a higher share price would benifical to all (they would get a better capital raising down the line).
What are your thoughts? Should PRE now focus for a while on the gas and then use the profit on the Gold, I think so.
2.4c rock bottom price alert!
PRE Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held