$PANR $PTHRF. Human nature is funny- on 7/16 pantheon went up intraday 20% on a big resource upgrade which over the subsequent 3 weeks has now been erased. So lets recap (1)we’ve found out that the resource is much larger (2) oil draws last 3 weeks have by and large been bigger
Than expected implying the bull case for oil even with the delta variant is stronger (look at Indian demand which has bounced right back- the epicenter of the delta). (3) much closer to the timing of another webinar to provide a lot of color on the resource and potentially more
News flow on other zones. Many of my picks like $AR went down 50% first before exploding up 20x (hence a 10 bagger). Conviction cant be rented and you have to do your own work but one recipe i know will turn bad is chasing strength and selling weakness and just churning the a/c.
I still see panr as at least a 5 pound stock (albeit with high risk) as the market realizes how tight oil is and there is a resource with billions of barrels of oil in a politically safe (assuming USA Is still safe lol) jurisdiction.
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