PSA 0.00% 2.1¢ petsec energy limited

Ann: Quarterly Activities Report, page-11

  1. 1,252 Posts.
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    No down ramping from me. I have been very  critical of these guys for a long time. They continue to spin unrealistic overly positive expectations and have not met one. Everything I have said so far has been right. 

    Someone lobbying a buy of 2mil shares at 12.5 cents just when they release the quarterly showing they had 1mil in cash at end of Sept looks suspicious. If they knew something they would Hoover up all the shares available and not just at 12.5 cents.  No new production fro Hummer until March so they will have to get cash from somewhere.



    telling every for months they a working on one trucking plan and now all of a sudden it’s a different plan ??

    why the change ? 


    Anyway , even with all that I will buy in when they get permits.

 
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