TSXV:PEC.H - Post by User
Post by
jb52on Oct 23, 2012 5:37pm
346 Views
Post# 20515552
patience.....
patience..... They said drilling for another 2 weeks. They then need to figure out what they have or dont have. 80% of the time, things also dont go as planned and can take a little longer. Of course, the market has very little tolerance for delays but could happen.
One thing Is for sure, we are in for one hell of a ride no matter what the results are. We are in for either a 50% haircut or some very decent multiples from here. Of course, any serious SP appreciation will take time as results become more quantifiable.
Good luck everyone !!