Buy Buy Buy In my opinion, the company along with the subsidiary company have implied that they are poised to be a producing company based on this well producing. A lot of HYPE and SPECULATION, I hope they do hit the well, soon but 3300 metres is a long way and remember most accidents / issues occur at the end of a long journey. They have four analyst firms listed to give coverage on the firm, perhaps they should have taken the lead from them, take a more conservative stance and once they hit the well, done their testing and then they could become the HERO.
I speculate they have run into issue(s) and are doing everything humanly possible to correct it and bring the well in. After all, they have got a lot riding on this, reference news, within the next 21 days after that corporate mostly likely will step in.
Repeating what the analyst firm hired by PEC is not STOCK BASHING, truthfully everybody start BUYING, BUYING AND MORE BUYING lets get it up to $0.75 before YOU even know if they hit the well. I would love to cash out at $ 0.50 any more is icing on the cake.