PCL 4.76% 2.2¢ pancontinental energy nl

Common mistakes of investors are: 1. Talking about "feelings" or...

  1. 246 Posts.
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    Common mistakes of investors are:
    1. Talking about "feelings" or "belives" according to the shere price Too much optimistic or pasimistic.
    2. Talking about un realistic excepations in the short term like: "We are going to get farmin today/tomorrow/next week"...
    *** Couple months ago after the pcl annoncemnt of 4 majors in the data room i saw how a lot of investors said that farm in will happend very soon (Short term) and i said that Farm in process takes at least 6-18 months.
    3. Dont understend that in this kind of investement there is a lot of risk and most of the time the market will not give us credit until we will be/have:
    * Fully funded for 3d + drill.
    * Super major opertor.
    * Cpr after 3d.
    * Drilling date and target with Good chance for success to large prospect.

    All of this can take 1-2 years from now and im not sure that it will happend but i think that we are in a good way.

    **In one of the sintana presentation they said that the one of the major reasons that they buy 49% from inter oil was the saturn prospect - So they belive in the licence and i hope to see that bring us farm in of major.







 
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2.2¢
Change
0.001(4.76%)
Mkt cap ! $178.8M
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2.2¢ 2.2¢ 2.1¢ $54.97K 2.548M

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No. Vol. Price($)
28 6082131 2.1¢
 

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Price($) Vol. No.
2.2¢ 938770 1
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