Pennant Energy Inc PENFF

RE: RE: RE: RE: BBI.V Blackbird Energy

[richy41]

Both PEN and BBI are good companies as they are now almost identical since their jv wih DEI and only became aware of BBI through Pen's jv with them. What really grabbed my attention was what was stated in their presentation and haven't seen this kind of statement very often in my years of investing: 

"Management is aligned with Shareholder’s interest as it does not draw salaries or bill overheads, but 
targets economic gains via share accretion along with our shareholders"

For the reason above I now have a fairly good position in both companies and think there will a slow but steady appreciation in the share price from here as the ones in the know start to see the results. Also, would like them to aquire more land to keep this play alive for a long time.

glta richy