Penta Nova seems to be moving up a bit. They released a story about increasing flow from an existing Argentine well from 35bpd to 125bpd by inserting a downhole heater, common technology in Canadian heavy oil wells.
The story seems to be unfolding as the principals forecast. I think they still need some money so there may be a financing coming that will temporarily knock down the price but if it all comes true, C$.42 will be VERY Cheap. Principals have done it before and made lots of money for shareholders. I think they can do it again.
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If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE
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