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PCOGF hit .02 on nearly 60 million shares traded last night. Massive buying in anticipation of 3D and option news. Hard to believe we aren’t seeing more action in the US shares.
Nice! PanCon shares in Australia closed at .018, a new high. Bring on the news!
Seeing a breakout in the Australian traded PanCon shares. They hit .017, new high on 52 million shares traded.
What a total disaster. Still no filings and now trading at .001.
We are finally seeing some consistent nibbling in shares of PCOGF. Up to .012. 3D news coming in the next few weeks. Hopefully we get some great results and a big spike in the SP. would love to see Woodside announce they are exercising their option and reserving a rig.
Shares in Australia continue to look strong, closed at .014 on heavy volume again. .015 looks like a breakout point. If it can break that level. It could move to
Multi-year highs. News is probably less than 30 days away.
Aussie shares closed at .015 on 33 million shares traded I think that is the highest close in over a year.
Hey Doug, lots of interesting things occuring at PanCon. The company finally seems to be working to benefit the shareholders by getting their story out to the street. Euroz Hartley issued a research note to their investors laying out the investment thesis for PCOGF with an expectation of a double or triple in share price in the runup to drilling.
The CEO just did a video in which he spoke of the exciting catalysts in the near term.
He changed the timeline for the 3D results from late August to early August, so we may only be 30 days away from that announcement. He also hinted that the results would be very favorable. He then stated that he expected Woodside to exercise their option, likely by October when the final 3D report is issued.
Shares in Australia hit .015 on massive volume yesterday. It appears that all of the overhang from the various money raises has been absorbed by the market and now there is very little resistance to the shares rising. Hopefully we will start to see some action in the US shares soon.
BUX
What would make you say that?
No one knows anything on CORG?
The SEC needs to give these little guys a break and make it cheaper and easier to file. The burden is too great for many of these companies to bear. The SEC says these requirements are to protect investors, but in many cases the requirements result in the shareholders losing everything when the companies determine it is too expensive to comply.
These OTC companies are such a disappointment. These guys had current SEC filings for years, then without warning just decided to stop filing, leaving their shareholders with a worthless stock. Unreal.
Hard to believe shares are available for .008, what a steal. Sellers are likely those involved in the recent money raise who got discounted shares
I think the 2D showed it might be the biggest offshore find in African history. Hopefully the 3D confirms
It is great to finally see buying come in to PCOGF. Looks like investors are positioning themselves for the 3D results and drilling commitment. Hopefully it comes soon.
Hey Ebenezer, huge news! Someone on the Hot Copper thread posted an email response he got from Sintana indicating that Woodside has already committed to the farm-in with drilling planned for q1 2024! The cat is out of the bag. Hopefully PanCon will release the news soon.
800000 bought today at .012 and .0125 clearly out those blocks that have been for sale for weeks. Management options are all in place, seismic is done, all CR’s are complete. Everything seems to be in order for us to finally get the move higher we have been expecting.
More good news out. The seismic is done!
The news flow from areas surrounding PanCon continues to be extremely positive. Can't wait until we start making similar announcements. Hopefully they are done raising money for a while and the stock can start to run.
That seems like a positive development. Everything seems to be pointing towards a potentially huge winner with PEL 87. Surprised we haven’t seen any large block buying in the US shares in anticipation of the 3D results news and potential drilling plans. I guess we still have a few months until the news release, so the buying will hit eventually.
Any idea what is up with this company? The stock has been on fire for the last several days.
What is up with ECGR? On fire today
Thanks Ebenezer. Really exciting stuff! We just need to start drilling!
Unreal. Bravo CRTL! I haven’t seen an OTC stock move like that in quite a long time
Seems like an odd time for a money raise
Did you guys see that 435157 trade go through at .0005? That has to be phony.
Who told you that? It would be good news if true.
Where is everyone? Anyone know what is up here? Do they plan to file at some point?
Delisted. Missed the filing deadline. Hopefully they are working to file soon. Anyone been able to reach the new management team?
Wow, CORG sure died. From heavy daily volume to nothing.
Not sure why the link didn’t work. Just go to YouTube and search for the most recent Sintana investor presentation. Their president gives a great presentation on exploration in Namibia and Pel 87.
Hey Ebenezer, check out this video. Very interesting stuff.
Volume dried up
More news today. Seismic starting with results fast tracked for June
The news flow in the area is incredible, as is PCOGF’s recent option deal. The stock should get more volume and a higher price as longer term players take positions at these prices. It would help if the company would release news on US news wires.
Bizarre! not a single share traded today? 109 million shares traded overnight in Australia, with a move higher.
I think the share price should be much higher. They signed the extension and now a farm in with Woodside. The company is in an infinitely better position now than a few months ago, but the share price, at least in the US, is the same. I will be interested to see the reaction in the Aussie shares tonight. The news hit in Australia after the market was closed and hasn't been released here yet.
News is massive. I am surprised there hasn't been a huge spike in the US traded shares. Hopefully they will release the news on a US wire service so investors here can see it.
Hey Doug, any comments on today's blockbuster PCOGF news?
What do you think Ebenezer? Are these terms about what you expected?