Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Pennant Energy Inc PENFF

Energy Oil & Gas E&P


GREY:PENFF - Post by User

Pennant Energy Inc > Quiet here.....
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by Focusakkeron May 02, 2012 4:31pm
143 Views
Post# 19863382

RE: RE: RE: RE: RE: Quiet here.....

RE: RE: RE: RE: RE: Quiet here.....

You might be right and i hope you are wrong.

One thing to consider:  On the PDAC interview on YouTube, Thomas Yingling stated that the company would be receiving $400K a month from the first two wells.  When I emailed him concerning the cash flow statement his response was this:

"Cash flow is tough to put a number to.  It depends on flow rates of second well and prices of oil and gas at time.  We do anticipate it to do very well and take our current cash flow way higher." 
 
Now I know the price of gas stinks, but it stunk on April 17th which is the date that he responded to my email.
 
Like I said, hopefully you are wrong.
 
Thanks, Paul

 

 

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities