Pantheon Resources Share Discussion Threads

[evilblues] 18/11/2022 14:46

Clever lad.

[truant2tb1] 18/11/2022 14:27

Stop it with that talk. You're getting me too excited

[amaretto1] 18/11/2022 14:15

Is Divmad invested here ? Anyone seen his name posted ?

[bones698] 18/11/2022 13:34

Still looks like a overpriced binary bet with no revenue and big losses . Until the wells flow for a prolonged period there is a large amount of risk given the 540m mkt cap even at these levels .
I'll stay well clear for now as see more downside short term until the well is put inline and watch the flow rates . Any sign of a drop off early on will spell trouble and the share price getting hammered

[mlf51] 18/11/2022 13:33

Have you told the line's about the flare.

[helpfull] 18/11/2022 13:31

Cor blimey, guv?

I was trying to show the pivot around 72p with the two trendlines shown. The share price has touched both three or four times. And so far not penetrated. But that is not going to go on for too long. The nearest support/resistance line is about 74p. The long term upward trendline has broken.

But I will go back to school again. I have never left.

Those lines are on the cusp of breaking for the next leg down. Which is strange considering there is a flare in the night sky and an update supposedly on the horizon.

Be careful.

[fifthelementinvesting] 18/11/2022 13:19

Forwood you have been commenting on charts for almost as long as I can recall and I can see zero point. The share price is 70p. From 150p. If you commented on horseracing you'd be saying things like there are horses and a hedge, a horse has jumped, theres a jockey and some grass, oh... another horse, some grass oh and another horse etc etc ad nauseum. Your charting is absolutely pointless and determines nothing except to demonstrate admirably how it hasnt helped you or anyone in PANR one little bit.

[amaretto1] 18/11/2022 12:48

Charts not working ! On your posts

[forwood] 18/11/2022 12:31

The above chart which includes standard indicators also shows that the share is very oversold. The hourly chart below sugests there could be some recovery from here, given MACD and Stochastics are pointing up. The daily is the master though, and we had an encouraging hourly yesterday that then fell away with renewed selling. The circled Ps in the picture are candlestick indicators. There are several positive ones there, the most recent being Morning Doji Star which allegedly has high reliability. Personally don't rate them much but others do.

[forwood] 18/11/2022 12:22

Back to chart school Helpfull. What you're showing is a partial trendline. Support lines tend to be horizontal lines on a daily chart, touching one or more previous end of day price points The more points it touches, the stronger the support.

The one below shows the current area (71) as support from January this year but stronger support lies around 66 to 67.50

[helpfull] 18/11/2022 11:41

Cor blimey, guv!

Pivoting around 71-72p. No bounce off support lines.


free stock charts from uk.advfn.com


Be careful.

[truant2tb1] 18/11/2022 11:26

I'd love a hog roast!Count me in ?

[amaretto1] 18/11/2022 11:13

He's not buying anymore yet .....Because he says photo is blurred And could well be the Dalton Highway burger van !

[amaretto1] 18/11/2022 11:11

Ask PRO .... he is the resident guru.With a Oil investment CV for a Shorter to die for ! PRO the contrarian investor of the decade ..... Xx

[just one more try] 18/11/2022 11:02

The last time we saw flares, the subsequent RNS (25 October 2022) indicated that 1)"has produced initial fluid flow with rates in the thousands of barrels per day" and 2) "The operations to date have recovered approximately 10% of the frac fluid used, with oil cuts averaging from 8% to 12%".

This therefore suggest, that even in the early stages there were hundreds of barrels of oil per day being produced..

For the shorter with the burger van, 8% to 12% of thousand is ... hundreds. Please can he supply evidence from his burger van?

[amaretto1] 18/11/2022 10:54

As he actually called one right yet ??And he says he's long here ....Good luck every one...