RE:RE:Q3 Couldn't disagree with this more Kavern.
The whole point is that PNE DOESN'T need high gas prices. Low cost, low decline - they can wait out anything.
Cash will be put into something accretive eventually and until then my average cost will drop a penny every month. Its good to have little debt as a gas producer.
on the other hand if you REALLY want to short a debt free company with 55 million cash on the balance sheet...