PetroKamchatka PLC V.PKP

Time for change

[AnMar]

This company is still worth over.015/share. Time for them to look at taking on some jv partners or a farm in. Or moving the company into a lower risk region, perhaps Africa.

[Westcoaster4]

"This company is still worth over.015/share"Curious to know your reasoning. I mean, they have almost 500 million shares out and not much happening in the way of exploration so how do you figure it should be worth more then 0.015 a share?Don't bash me....I'm just asking a question.

[AnMar]

Honestly, I don't own a single share because I think their technical team is incompetent.But, they are trading around cash-out value; this includes cash in the bank and the equity interest in the drill rig they have. As far as I can see, they have one more kick at the can, if unsuccessful, it's over.Correct me if I'm wrong, otherwise, in future do a little research on your own before