TSXV:PEC.H - Post by User
Comment by
al182on Jan 31, 2013 10:06pm
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Post# 20921453
RE: Prospective! Contingent!
RE: Prospective! Contingent! I agree with you.
For me it means not much but who knows with this market.lol
Cutionary Statements
No proved, probable or possible reserves have been assigned by the Company at this time. Undiscovered resources are those quantities of oil and gas estimated on a given date to be contained in accumulations yet to be discovered. Estimates of resources always involve uncertainty, and the degree of uncertainty can vary widely between accumulations/projects and over the life of a project. There is no certainty that it will be commercially viable to produce any portion of the resources.