PCL 0.00% 1.4¢ pancontinental energy nl

5 Cents! It's tough waiting....so here's some light...

  1. 95 Posts.
    5 Cents! It's tough waiting....so here's some light reading.
    Interesting Graph on P23 of attached article. IMHO it quantifies the prolonged general oil hopeful's market "apprehension", and source of frustration/risk of loss. ( but not the source of the "apprehension" other than post GFC jitters I guess ).... Something to read while we wait for Sunbird drill results...
    The only sustained run up pre drill I have seen is Tower, not TOO far away from us in Namibia.
    I'm long and exposed overweight, but I know THIS market will want a heck of a lot more than a "Kiboko-1" (nearby) result, sadly.

    https://rbcnew.bluematrix.com/docs/pdf/26028689-0cc1-4af5-8e46-eadeba4de540.pdf?

    Rgds to all,
    RR
    PS: Do I have the correct understanding that Management of PCL account for 15% of the stock holders?
 
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