PGS 0.00% 0.0¢ planet gas limited

up 8.33 per cent, page-10

  1. 2,112 Posts.
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    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.
 
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Currently unlisted public company.

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