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Pennant Energy Inc PENFF

Energy Oil & Gas E&P


GREY:PENFF - Post by User

Pennant Energy Inc > News Leak or Bargain Hunter?
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Comment by wintersun10on Nov 10, 2012 2:34pm
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Post# 20585294

RE: RE: News Leak or Bargain Hunter?

RE: RE: News Leak or Bargain Hunter?

whatever was in the NR, was already news released or it was already filed at sedar, so not really a leak, but more an update for those that do not pay close attention......but what it did was increase the share price by 50% over 2 days. below the surface the Canaccord sell orders turned into buy orders and some new buyers showed up as well, so the table is set for some more upside, now if the price of nat gas can cooperate, that would be nice, also outstanding are still more production numbers for wells 1, 2 and 3.

too drill plans for well 4. and so with a little luck the future should look good...

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