1. Most Discussed
  2. Gainers & Losers
PCL 0.5¢

mauritania replay begins

  1. croupier

    5,447 posts.
    PCL share price is well on the way to emulate Hardman Resources tracks over in Mauritania. The added treat is the NZ search for gas/oil and the oil leases off Libya. Another added bonus is that the Kenyan area includes some on shore leases; onshore drilling has an interesting history as drilling was halted in the past after oil was struck due to political turmoil. It was found at depth and good quality.An onshore drilling may come first in short time. Good potential here; Global Petroleum has almost finished its seismic offshore so some info will come quickly about potential targets. Have a look at the PCL website where they relate the NW Shelf to Gondwana Land history....linked land mass....great potential for another NW Shelf in Kenyan waters. As Tanzania has proved to be a mineral rich country a la WA the relationship is not so far fetched.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top