Cast your minds back to when PCL announced that it was opening the data room to invite companies into a joint venture. It was announced that there were 4 companies looking. There was euphoria ..... then time went by with no announcement ... all the hand wringing went on and doomsayers were predicting the expiry of the permit .... doom and gloom was everywhere ..... you know who you were .... There was no leakage of inside information .... a very similar scenario to what we are facing at the moment ..... my advice is be happy with your decision to invest/gamble here or if patience is not in your makeup ..... well you know what the decision you need to make is. These old blokes in charge of PCL are battle hardened and are convinced of the prize that they hold. I'm backing their judgement and sitting back reading all the posts but not loosing any sleep as we know nothing until the results of the 3D are released. We have been given a small tantalising morsel by Iain Smith in that the data was backing up the 2D seismic. That to me is a big call.
PCL Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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