PCL 6.25% 1.5¢ pancontinental energy nl

Pancontinental and Eco Atlantic - The last slices of the Orange Basin?, page-33

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    Yeah, I'm still a bit weary of the big guys with deep pockets who may still be uncomfortable about the time frame. They like to have a good period working up the 3D to help make their drill-drop decision. $25-30m for the 3D is a big amount to pay in anyone's book, only to have limited time interpreting the data before that decision. You never know though. It only takes one to decide they want-in into an emerging area.

    Just my opinion above. In any case I will stay out of the water, but will watch from the beach.
 
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