A lot of the shareholders, myself included, are not expecting pump and promote BUT after all this time surely there is something that the BOD can tell us about the 3D and the other analysis that has been happening for so long. The BOD have made an art form of saying nothing. How long ago was the 3D done? Why does it take PCL so much longer that the other operators in the area to analyse the data? Sintana have been about the only source of little bits of information about PCL - there is something seriously wrong when that happens. We are even told they have targets but won't tell the shareholders anything until they discuss it with WDS!! What - they need permission from WDS to tell us what they believe is there now? It just seems that before WDS even farm in, they are waiting for permission to say anything. The BOD has even gone so far to hire a consulting company, for purposes that are still not clear, apart from blocking shareholders contact with the BOD. That's bollocks in my opinion! If they have market sensitive information, and after all this time I very strongly believe they have, then it should be released to the market. Legally, they must be walking a very fine line by not informing the shareholders of the results of the 3D analysis they have to date. It's well past time PCL gave the shareholders some real information with as many disclaimers as they want.
PCL Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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