Pennant Energy Inc PENFF

RE: BRIT youre thoughts on the IR so far????

[brit]

Hey Rap, The jury remains out on this contract. Let's allow at least a month to pass before judging. When I worked under Frank back at Yorkton in the late 80s, I learned that IR firms usually take a month or so to get the ball rolling. If they're worth their pound of salt, we should finally see something happening by late-July or so. For PEN it's going to take that amount of time just to prepare the story line, since it would appear that management really hasn't done much so far to increase shareholder value with their drilling program. In fairness though, their fundamentals appear sound, and the property portfolio has merit. Management seems to be a question mark, but at least they have finally put the final, key pillar in place. Let's see if their choice is a good one. Cheers, Brit