TSXV:PAN.H - Post by User
Post by
whinnyon Aug 11, 2009 1:16pm
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Post# 16209371
No reason for price move
No reason for price moveI just talked to Panterra and they said they have no news to report. They said last week there were two big owners of Panterra and one decided to sell a big block and when everyone saw that block they got excited and started to buy. This week he doesn't know what the reason is. When the market is down they are up and vice versa. They have about 2.5M cash and are sitting on it and they have been looking at possible JV partner or other opportunities and are doing due diligence on that, but nothing concrete to report on.