Pantheon Resources - US Gas Play

An old adage of the market is that it never lies. So is a 50p fall confirming PD is a total duster?? Is that a lie??

The 1st RNS must go into some type of history book for being misinterpreted, was it really intended to wipe 30% off the SP?? Of course we are all guessing and looking for some light in the darkness but I have a feeling that PANR are now trying to correct a clear wrong re the wording. 800' is one hell of a lot of play. In my mind we have all to go for. Monies would not be expended if they, like the market is suggesting, consider the project a P&A.

So will the SP recover again and will buyers return. GGP SP was up nearly 10% last night. It could be a very lucrative time for the brave. There is 50p and more upside if they announce commercial hydrocarbons at the lower depth.


A great deal of the markdown has be created by inaccurate news interpretation the quite useless AFXF has not helped. In a holiday mode market the MM have taken full advantage of course.

PANR in 1 year at £1.20 ???