On 20 March 2007 PB#1 drill hit a major gas interval of 16' at depth of 12060'. It hit another major gas interval of 33' at 15280. The SP went from 67 cents to 98 cents in a couple of days.
We are still at 10874'. The SP will rise and rise in coming weeks. I don't care about SP movement though as if they strike gas we will see a new strong GDN. PB#3 is drilled from PB#1 (look at the map), and therefore the gas is there, it surely cannot disappear.
In Dec 2006, the SP hit 1.26 when StockAnalysis Brokerage noted that the share could be worth $10 if it strikes the estimated 440 bcf.
This company could change lives. People will wake up soon.
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On 20 March 2007 PB#1 drill hit a major gas interval of 16' at...
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