I think many are overthinking and trade screen reflecting this. We should be sitting at 2.5 cents indicative price right about now. I guess mr market has grown tired and wary with farmin delays. i expect a little overhang and quite a bit of shares churned wednesday but PCL is about to finaly unleash. If we do get estimates, i anticipate we will be at 25 year high (upward of 2.8 cents), by the end of the week) the big one now is do we have a drillbit and when will it be commisioned. If we already have one lined up near term, things are going to get sexc very quickly. I still believe that woodside is farming in without a partner and PCL have been made to hold off estimates etc, also noting that HY mentioned additional leads to which there might also be more context. i also believe we had a leaky ship friday, and someone snapped up > 250k in shares which as dirty as it may be, gives me confidence that we have a cracker ann on the horizon all imo ofc
PCL Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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