TSXV:PEC.H - Post by User
Comment by
stockguy0on Dec 17, 2011 2:16pm
155 Views
Post# 19331940
RE: coffin style P&D again Read this
RE: coffin style P&D again Read thislol, i was just about to put the troll-manybears on ignore and then i read this garbage.
Bottom line: For a troll like manybears to concoct this pathetic post (and many others, he spends ALOT of time spreading lies and bashing) obviously means that the troll wants cheap shares. hey troll, $.12 is ultra cheap, but as you can already tell, wont last long.
Here is a hint: $.23 is the 1st resistance.
SG
Read this and run:Coffin, you and your lap dog Iveyjizz and Mr.SPEC keep boasting about the cash.Please tell the board how the tiny amount of cash in the bank is going to benefit the shareholders and the share price since it's all that you talk about. Management has stated they will not drill until at least May 2012. This means they will run out of money without any further drilling. So far they have zero, SPC is dust, ALJ is dust. So come May 2012 they will have no money but plan to drill again with the small hope of finding something commercial. How are they going to do this? Even with a JV partner they will still be out of money and need further funds for day to day expenses and their portion of capex. Naturally they will have to raise funds between now and then at much lower prices. The company is in fact distressed, so they will conduct a distressed financing. This will be horrible for the share price. Youve been warned.If you cannot refute this with credible evidence instead of your usual ignorant SPAM then I once again confirm Coffin that you are a self interested pumper gone wild