Value Microcaps Junior Energy

[kipp440]

SEDAR - POE talks about risk.

I am more familiar with the EDGAR system but I went to SADAR and found this statement by POE under the business risk area of their last MD&A filing

"Companies engaged in the oil and gas industry are exposed to a number of business risks, which can be described as operational, financial and political risks, many of which are outside of Pan Orient’s control. More specifically these risks include risks of economically finding reserves and producing oil and gas in commercial quantities, marketing the production, commodity prices, environmental and safety risks, and risks associated with the foreign jurisdiction in which it operates. In order to mitigate these risks, the Company has an experienced base of qualified personnel, technical and financial in both Canada and Thailand, and maintains an insurance program that is consistent with industry standards. Further, the Company has focused its foreign operations in a known hydrocarbon basin in a jurisdiction that has previously established long-term oil and gas ventures with foreign oil and gas companies."

Standard sounding but I do like the last sentence. No detail of any pending problems with the royalty structure were found.

Kipp