PCL 10.5% 1.7¢ pancontinental energy nl

it feels like poker, page-18

  1. 13,001 Posts.
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    geli/others: All JIMHO: I do believe that NOBODY knows anything as yet.
    PCL's sp (resp. "the market") would point in the direction of a duster, because the current market cap of PCL would/will be far too low in the case of a successful drill.
    IF Sunbird will come good in the end, I shall be very pleased as this would/will strongly re-rate PCL and also would/will have a positive effect upon FAR (I am holding both stocks).
    IF Sunbird would/will be a duster (as "the market" is kind of expecting), then PCL's sp will go down quite a bit and PCL will then become a very strong BUY (IMHO) in view of NAMIBIA drill(s) in 2015. Namibia could get "hot" already this year IF the Welwitschia-1 drill would/will become successful.
    Only time will tell.
    All the best to all PCL longs.
    wasa
 
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