Pantheon Resources - US Gas Play

Well I have been waiting for an entry point and thought I had missed it. So took the plunge this morning. Take out the cash pile and this is has a 12 million valution. I love companies with cash. So even if current projects were to all turn out duds (heaven forbid) , there is plenty in the coffers for further aquisitions. It also insulates against further share dilution. Even the list of institutional holders inspires me with confidence... jupiter, artemis etc.

Definately a reationary drop today and none too confidence building for casual observers. Like all here I hope (and expect) this one to be much higher in the not too distant future.

V