(bg) strikes oil - not commercial, page-40

Thanks to all the posters for the info

If we look back a week, a lot of us including myself believed that the drill ship had moved on, we were wrong

What we see on the internet is not always right!

If the news is true I do not understand why some believe the SP will drop to 2c which was their position if it was as duster. My limited understanding is that this was not a production well therefore having oil shows must be positive for PCL and future drilling in the area (future free carry).

This is only one of the plays for PCL, but I am sure others will continue to talk the stock down for what ever reason. I am a long time holder of PCL and will continue to be.

We need to wait for news from BG and PCL to understand the impact of the drilling results which could be a week away.

Still hopeful have a good Sunday