PCL 0.00% 1.4¢ pancontinental energy nl

General Thoughts, page-4714

  1. 3,126 Posts.
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    @kirs has a point.

    • my take is that the retail float of SH are being "steamed", so that when an opportunistic bid is lobbed at us, pre-drill, most will capitulate out of frustration and exhausted patience.
    • the board (past and present) is nicely set up to get rewarded in that case - they would be happy with a 2 or 3x from here. eg. 500m @6c is $30M. 50m is $3M.
    • PCLs fate has been determined by the farm in conditions they agreed to. The players have been down this path before.
    • and rest assured, the forum is being monitored to gauge the sentiment/emotions of the hoi polloi.

    SH would be best served to stop whingeing on these forums. if you don't have something constructive, don't post is my policy.

    Someone (@huaneng ) posted the map of turbidite reservoirs in Guyana. Well thats what we have here. If you want a crack at the value, you have to stick it out. Stick it out for the drills and maybe get a 10-20x on present MC. Maybe thats the message to give to the PCL board.
 
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