re: patience will pay
This is a very interesting stock, it has a huge potential it has the proven resource it's a matter of setting up well heads water & dewater & gas = $$$ + average life span of 8 to 10 years for the wells + their is more coals deeper which they haven,t even considered as yet, If memory serve me correct in the prospectus they stated that they should earn $ 300,000 PA per well, now they are producing atm, but not reached seam gas as yet, once seam gas kicks in so does earnings. This is a mature market in the US thus the Canadian listing. Very smart people behind this company.
PGS Price at posting:
0.0¢ Sentiment: None Disclosure: Held