PCL 0.00% 2.3¢ pancontinental energy nl

General Thoughts, page-722

  1. phx
    506 Posts.
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    Sam, I enjoy your posts.
    Sometimes they are a bit down and upset people, but everyone needs to remember the potential downsides and risks as well.
    There are no guarantees wth PCL.
    O&G is very high risk, with high rewards and extremely big lows if a duster.
    Some people seem to be forgetting this.
    I have a lot of $$ in PCL and rather than just hearing 10, 20, 30, 40c etc like to have a bit of a reality check also.
    If Saturn was guaranteed we would be seeing these prices now, but it is not, and that is why we are battling to hold 2c/$160M.

    A very good friend, and extremely successful prospector told me a long time ago.
    Never drill - sell on the potential and upside.

    Posts by Jilly, OG & Melinda and many others are fantastic and very informative.
    Everyone needs to remember PCL was a certainty before and had a dry well.
    NWE was a certainty until it was water.
    Lots and lots of other examples.

    Good luck to all holders.
    Happy to wait and see what happens.
    Where's the 3d

 
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