PRE 0.00% 6.0¢ pacrim energy limited

going under, page-17

  1. 2,527 Posts.
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    yeah I had a fair bit of confidence in pacrim as well - I guess if the outlook for gold had continued to be bullish it probably would have continued to fare well. In a bullish gold environmeht they would also have continued to attract drilling funds as nothing has really gone wrong with their program - they've proved promising resources as planned.

    I suspect a lot of the volume was just trading activity on a low price point/high interest stock and also speculation on the gas. I just wish I'd seen the writing on the wall when they stopped putting news out and had scaled down my holdings a little earlier.
 
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Currently unlisted public company.

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