Ok Roach. So not sure of your motive is here? On one hand you critisise and crap on about market cap, then you say its going to be a good stock if all comes off...what is it??
We all know that until a 'drill' as you put it, comes off then we have sweet FA. We know that. If you have not realised this is a spec stock and as such most people in this forum belive in it enough (been following for years) that once WDS/PCL release the 3D data they will see some potential hot spots to drill and price will move up on that alone. Once they start drilling, the price will also rise as those with the FOMO of an good oil strike will want to jump in. Yes market cap is high due to the amount of shares on issue but the market is the market and there will always be a buyer and a seller that determines the price. Not a flog like yourself.
As always DYOR.
Rooey
PCL Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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