PCL 0.00% 1.5¢ pancontinental energy nl

further tests at huinga....no, page-4

  1. 1,747 Posts.
    Yes, who do you beleive anymore.

    PCL's annual report read as though Huinga was just a difficult well requiring a little more effort and success was assured.

    Now, with hardly a wimper, we are walking away and in the same breath we are excited about the future prospects of the lease.

    Has the operator made a mistake and doesn't want to admit it in case they are up for the costs. Why have we wasted so much money and time on a dud. There are a lot of unanswered questions in my mind.

    Anyhow, there is no value in PCL for Huinga. Jingemia testing might add a cent or two.

    Regards M.
 
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