PCQ is the best opportunity...
that I have seen in a long time. I do not expect it is likely to trade below the $1.15 to $1.20 range again, unless the area play becomes a bust - which is not going to happen!
I am long and hanging in for the next big move to $1.50 and then $2.00 and then who knows - as some of
our more active posters have indicated, there is still substantial upside at current levels. We still have seismic
numbers coming out and a drilling program to commence within weeks and we're smack in the middle of
this hot play, with Tallisman to spend some $100 MLN over the next 18 months all around PCQ + we are still
quite undervalued relative to the other plays (but we're catching up) I like it , I like it !!!!
For those looking for an entry point or to add to a position, the time is now.
There will be major pullbacks, but I don't believe we'll see them until this gets closer to $2+, IMHO
GLTA
FT