Pancontinental Energy NL (PCOGF)

[buxmaker]

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