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Peak Discovery Capital Ltd V.PEC


Primary Symbol: V.PEC.H Alternate Symbol(s):  HNWEF

Energy Oil & Gas Equipment & Services
Peak Discovery Capital Ltd. is a Canada-based shell company. The Company is focused on identifying and evaluating assets or businesses for future merger and acquisition.


TSXV:PEC.H - Post by User

Peak Discovery Capital Ltd > : RE: no news on Fridays
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Comment by Monday2on Oct 26, 2012 2:27pm
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Post# 20528290

RE: RE: RE: : RE: no news on Fridays

RE: RE: RE: : RE: no news on Fridays

In my opinion, any day is a good day to report a successfully well, Friday or not. Specially when they have pasted their own time line. 3rd Quarter conference call is a good time to discuss the third quarter, if the well is good- great, if they are dealing with an issue/problem and they have not solved it - dame. Defining well status durng the third Quarter conference ???. The market will react to any positive or negative statements given (they know this, they also like Safe Harbour) grey area statement (sell off and wait).

I believe that they are professionals and if they had good news it would be released today, the weekend gives them more time for solutions. No news on Monday either way - there is trouble.

It looks like traders have already seeked Safe Harbour and got out and will wait for conformation of the wells status and if it is good - they will get back in and ride the money train as it goes up. If it is bad - Oh well

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