Panterra missed their Private PlacementPanterra has stated that they wanted to do a large private placement at a buck. I thought when they hit a $1.20 it was a good time to sell half. I sold the rest at $1.10. Given their Bakken acreage it might be worth getting in at these levels or at some lower level in the near future. But in the mean time why not chase a potash junior or some highly leveraged shale gas company that got their big private placement done (like v.cex or v.pcq)
Remember their shale is closest in geological characteristics to Michigan Antrim shales.
Take a look at Aurora Oil & Gas (AOG on the AMEX).