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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: HAZ who wrote (4619)2/5/1998 3:43:00 PM
From: HAZ  Read Replies (1) of 24905
 
Kerm / Pan East

Do you know of any reason why Pan East is moving up. I recently bought some at 1.40 and it is now trading around 1.95.

I remembered that you bought some yourself and I'm guessing you may know why it is climbing.

I like the stock for a few reasons ;

1 - natural gas focus
2 - leveraged to high impact discoveries
3 - recent investment by US investment firm provided cash for capex
4 - management shuffle
5 - recent announcement with Petromet and Esker

I searched for well licenses in Alberta and Saskatchewan and Manitoba but found no operated wells at this time.

As always any news or incites are appreciated .

Cheers and good investing
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