PRE 0.00% 6.0¢ pacrim energy limited

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  1. 3,961 Posts.
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    It's a good open, although .6 will get hit, .7 should hold as a base line. Ann did not bring out nervious nellies which is a good indication that people see this undervalued. Because investors sold this down since Xmas, Rod had no option but to raise funds at this level, although not a huge amount, but at least we can advance from here. I'd expect to have another announcement soon for infill drilling, the next couple of months will be interesting as we know the high grade results that are achieved and shallow at that.
 
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Currently unlisted public company.

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