RE: I said PAN would close at 70 cents t'dayCissco,
Please stop posting on this board. Don't you see how much grief you are causing by talking down PAN.
PAN has drilled a lot of wells and they have found a lot of something called organic shale which is a lot like antrim shale in Michigan. Aurora Oil and Gas has drilled a lot of these wells and they are really happy with them. Here is a quote from the AOG (amex) Yahoo profile:
Aurora Oil & Gas Corporation, an independent energy company, focuses on the exploration and development of unconventional natural gas reserves. The company owns working interests in 640 gross and 320 net wells, which included 28 gross and 26 net non-producing wells of Antrim shale properties in northern Michigan.
Panterra says that their shale is just like that Michigan shale which you can see from this link below -