Ann: Director Appointment/Resignation , page-14

As a shareholder you can sit their thinking how they are about to dupe you if things don't go perfectly are trust that the executive are basically honest.


Yes we should question them and seek answers, which some here have done.

PFC have a bucket of cash, and I believe sold some assets for cash for this project. The project is about the potential of unlocking multi billion barrel reserves. I wouldn't think you would go in with the notion that you abandon everything if you don't strike pay dirt straight up. Even if this well was in fact a duster.

The well at Rodinia was a true duster, yet they didn't pack up, they are still drilling. Here we have massive potential.

Those who bought in to INVEST in the project didn't I think do it on the basis the company would pack up if the first well was dry (which isn't known and the company still remains positive on it). And it would be passing strange if PFC suddenly decided to turn and run because they truly thought the first well was pretty encouraging but not good enough.

Inevitably in this type of project when you invest. You lose if they lose, you win if they win. And you put your money in the kitty in the knowledge that it is high risk.