PCL 0.00% 2.1¢ pancontinental energy nl

I must say I am extremely disappointed by the markets reaction...

  1. phx
    510 Posts.
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    I must say I am extremely disappointed by the markets reaction to the announcement. I expected a decent rerating of the price and a new base.
    I had expected around .18-.20 at least.
    At least the tenements are secured now and we have 3D to look forward to.
    Still a long time to go to get to drilling.
    I will wait for any weakness and pick up a few more if it drifts down.

 
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