Pan East Petroleum PEC-TSE Several Projects Starting Message Board

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Gold/Mining/Energy : Pan East Petroleum PEC-TSE Several Projects Starting

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To: D.E. Shetland who wrote (7)	4/28/1997 7:01:00 PM
From: HAZ	of 73

D.E. thanks for the update, looks like the market didn't like the news and the stock has fallen to the 3.85 - 4.00 range. I got in around 4.50 so I'm taken a loss right now, I plan to hold on until the next few announcements, if things don't get better then its dump time for Pan East. It looks like the premium CF multiple on this stock is quickly eroding away. What is your stock price projections on this stock for 1997 based on what you already know about them? cheers

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