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PCL

Pancontinental (ASX: PCL) are on the cusp of a deal around their PEL-87 well. To be honest, they have been sitting on this cusp for a while, but due dilligence does take quite a bit of time. A deal can't be car away, and when it happens expect the share price to rocket.

In fact, given the loose lips across the ASX. expect the share price to rocket BEFORE the news hits.

It has been amazing to watch news get leaked ahead of time. One would think that management would have a better consideration for the company's owners (the shareholders) than they do. This comment is not about PCL, but about the ASX generally.

PCL is at 1.1 cents. Can I see it hitting 2 cents or more? Yep. Just gotta get that farmin sorted. 

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