TSXV:PEC.H - Post by User
Comment by
ssthvon Sep 16, 2011 3:03pm
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Post# 19051473
RE: RE: RE: End of Day Summary
RE: RE: RE: End of Day SummarySoon enough because Joe Ash said on September 13th between 5 to 10 days for an official NR.
I know hope is not much but here are the few things I like about the company:
-Soros invested in it at 1$
-Management team seem to know what the are doing
-Drilling is cheap so many more wells can be drilled with current cash flow
-Chen Lin is very bullish about the company (he seems to know Ash personally)
-Oil and gas have been found in Newfoundland and Nova-Scotia (both places show similar geological formation to Porto's)
I know that none of these is a guarantee of success but made me feel like it is an educated guess.