RE:Is this a pump and dump.?Pumping this stock has not even started yet, hence it is worth <$4m.
Reasons for a speculative buy:
-Great management with proven track record in Albania.
-Underexplored, safe jurisdiction.
-A highly prospective land package secured.
-Price of oil closer to it’s low than it’s high.
-Company stock price and market cap at ridiculously low levels taking into account the management team.
-The company is only in startup mode with significant news flow yet to start.
- Not covered by any newsletters.
Don’t know if PNN will ever be a Bankers Petroleum but can’t see it not being worth $30-50 million at some stage which will be a 10 bagger plus for those already invested. With a market cap of <$4m PNN is not on peoples radar, once news flow starts 0.04 will be a distant memory. IMHO PNN is on sale. Bring on the news and good luck to all.