i think it's important to keep things in perspective also - the appreciation in pcl sp over the last 3 years is largely off the back of an increasing interest in the orange basin area, a number of large discoveries nearby (the 'nearology' phenomenon - resulting in derisking the basin), and Namibian favourable policy; and the 3d seismic that wds funded (which was a biggie). With any luck we are nearing the point when finally we will have hard, undisputed fact, about what we are sitting on with pel87 - identified targets, and a drill (or two). Up until now, the sp has been pure speculation (largely)....but the rubber is finally about to hit the road (with a hard catalyst). I'm excited.
PCL Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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