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Gold/Mining/Energy : Panaco Corp (PANA)

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To: lmw who wrote (11)4/5/2000 8:01:00 PM
From: Ed Ajootian   of 115
 
lmw,

Well, how about a dip to $.70? Better hurry, there might not be a lot of this cheap stock left.

Really encouraging to see this thing come roaring back today, especially given that this is right around the time they were gonna be getting the production test results in from the Sturlese #3 well. Maybe a successful test of that well has not been factored in by the markets yet, after all.

When PANA puts out the PR for this news, hopefully they'll take the opportunity to also mention the very successful frac job they did on their N. Cowards Gully oil well, and also mention the 6.7 mmcfd test results of the latest West Delta well. This stuff is all mentioned in their latest Presentation on their web site.

There's a lot of good stuff going on under the current here, and its a shame if PANA management does not see fit to report this stuff for some reason. When a company has a $20 mm market cap., every little frac job is material news to investors, for chrissakes!
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