TSXV:PEC.H - Post by User
Comment by
oilsydon Dec 03, 2011 10:33pm
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Post# 19289990
RE: RE: RE: RE: PEC, one of 'Best' stock: from $1
RE: RE: RE: RE: PEC, one of 'Best' stock: from $1They may have more cash than the stock price but they only have enough cash to do about six months worth of drilling. If you invest 12.5 c into this company, you are not getting 15 cents back. Instead, you are getting six months of drilling which could amount to nothing. This stock is high risk but the reward could be fantastic, which is why I remain invested.
Cheers
OilSyd