Stockchase Opinions

Peter Hodson Pan Ocean Energy Corp Ltd (A) POC.A-T BUY Nov 03, 2005

Very cheap stock. Have a huge growth profile. Have gone 0 for 3 on their past 3 wells. Very tightly controlled.
$57.000

Stock price when the opinion was issued

oil gas
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Very cheap. Doesn't trade a lot and not many shares outstanding. Risky, but cash flow is accelerating. Great balance sheet and well managed.
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An incredible success story. Could end up as a trust.
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The company has done a lot of things right. They are 11 for 11 in their drilling. Valuation is only based on where they are now and not giving any credit for future success. Cheap.
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Surprised at how well it has done this year. Had a couple of dead holes last year which the market didn't like. Would like to see it settle down before buying.