Panaco Corp (PANA) Message Board

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Gold/Mining/Energy : Panaco Corp (PANA)

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To: Ken Ludwig who wrote (18)	3/12/2000 12:11:00 PM
From: Ed Ajootian	Read Replies (1) of 115

Ken, Are you still in this turkey? Looks like its just a few weeks from popping back over $1, this time for good. Only thing that could stall the next rally would be oil prices slipping under $27 or so, but that doesn't seem likely for at least the next 3 months. See below link for an interesting set of slides re: predictions for weakness in 2Q oil prices:http://www.eia.doe.gov/pub/oil_gas/petroleum/presentations/2000/second_quarter_crude_oil_prices/sld001.htm Very bullish, IMO, that hardly anyone panicked when the bid slipped to $.75 on Friday. Looks like everyone that's still in the stock is content to wait for the news on their next Price Lake well, especially since they've decided to set casing.

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