Pantheon Resources Share Discussion Threads

[michaelsadvfn] 19/5/2023 16:01

As all of the directors have bought shares i’m sure you’re right and they will opt for the highly dilutive route.

It makes perfect sense doesn’t it? 🤔

[pro_s2009] 19/5/2023 15:30

michaelsadvfn......truth hurts, I know. They need to be reminded given their utter disgusting behavious over the past many months.

What they are "going for" and what they end up accepting - are likely two very very different things. They are short of cash and they will be under pressure to accept whatever they can get, imo. You seem to think there is a massive waiting list of companies looking to buy in.......perhaps there is not ??!!

[madd_rip] 19/5/2023 15:17

Is that the story you got sucked into when you were singing from the rafters how amazing the company were?Or were you lying AGAIN like you always have done.

[madd_rip] 19/5/2023 14:38

Get a grip you pompous narcissist.

[pro_s2009] 19/5/2023 14:34

forwood, like many others, is now too emotionally involved in PANR to see reason.

These people are so sucked into the story, spent so much time and effort (and lost so much money) defending the company they are now completely "sucked in" and will not see the downside risks anymore, only the riches that they think they will get.

This is the epitome of why small investors lose money on AIM stocks.


Rather than admit they were wrong early, take a small loss and live to fight another day - they defend their positon to the hilt, buy more spending all their money on the way down, become aggressive against anyone who does not beleive in the hype and become completely blind to the obvious risks. For them there is no real risk, everything smells of roses and the bears are simply blind and shorters.


Every single one of them has been completely wrong about PANR all the way down to the 17p placing - and yet still they think "fortune" is just around the corner.

If this gets to 26p it will have done well, and I take 50% profit.........thats the upside at maximum in the short/medium term imo. But I will happily sell at anything over 20p and take a smaller profit if needs be.

There will be a ramp into Webinar, then SMD results.....then farm out talks. Any farm out will, imo, massively disappoint the bulls and be highly dilutive of the PANR share.

Thats the 3 spikes possible in 2023 imo.

[mike290] 19/5/2023 14:05

Hi All (except Pro),
I'd like to get Pro's rubbish off the top of various threads by recommending more useful posts.
To do this, I'd like to buy some "Plus1" coins
A quick search on Google reveals the following:


1 PLUS1 = 0.001252 GBP
1 GBP = 798.59 PLUS1

So, it's costing Pro approximately 10p to get each of his posts to the top of this thread.

Does anyone know a safe way to buy Plus1 coins using GB Pounds?

With Thanks in Advance.

Mike

[ohdearohdearohdear] 19/5/2023 14:05

"my take on high probability is the mid to upper 90s."

Blimey. Absolutely staggering. Anybody who thinks that the probability of finding commercial oil >95% has an exactly 100% probability of being clinically insane.

[forwood] 19/5/2023 12:54

ohdear asked me to put a number on 'the high probability' we will find commercial flow in Pantheon's leases.

This is a pure guess, until the sweetest spot is found and we are able to sink the many wells required such that 100% are providing positive flow, my take on high probability is the mid to upper 90s.

I've posted the Prudhoe Bay story before, how it was drilled without result by majors for 4 years until almost the last gasp, when they struck a huge positively flowing well. Here it is again, from a report of the early drilling at

"Starting in 1963, BP and Sinclair Oil Corp. teamed up and drilled six wells on federal land near the Brooks Range. All six were dry. After that, a series of other companies came up short, too. Eventually that included Jamison's company, ARCO.

The oil companies that had taken a risk on Alaska's North Slope started hemorrhaging money.

"It was extremely discouraging," Jamison said. "The whole industry was really down on the North Slope by that time."

After well after well came up dry, Marshall's Prudhoe Bay selection started to seem like a mistake. By 1967, Jamison said most oil companies had given up.

But then, ARCO and Humble Oil teamed up and moved the only drill rig left on the North Slope to Prudhoe Bay. It was the oil industry's last shot...."

The rest is history. Jay referred to it in his 20 March presentation as the reason he joined Atlantic Richfield (Arco).

The difference here to the early years of North slope drills is that we have already found oil. What we have yet to do is demonstrate unequivocally positive commercial flow. The company would likely dispute that. Their point for the many interested parties who think in terms of 2000 barrel a day wells is that Alkaid 2 flowed the necessary 500+ recoverable, sellable products albeit in a well compromised by a huge amount of gas. With the right equipment, even a high gas well can be made to generate positive cash flow. Sink 4 horizontals off a vertival each producing 500 boe and you have your 2000 barrels a day. Gear up to the 40+ being talked about for the various reservoirs here and you have a very large shedload of cash.

[amaretto1] 19/5/2023 12:28

Shorts getting pretty desperate here .....It's not working !! Helpful clown odviously hasn't a clue if he's short or long ....

[amaretto1] 19/5/2023 12:23

R u short silly boy ? Is the question that hard ... 3 rd ask ? Gobby warrior

[helpfull] 19/5/2023 12:20

Cor blimey, guv!

Pinched from Troughsnout on LSE:

hxxps://brevarthanresearch.substack.com/p/pantheon-resources-panrl-panr-ln

Be careful.

[michaelsadvfn] 19/5/2023 11:54

forwood 19 May '23 - 11:43 - 33501 of 33504 0 1 0

Rabito79 said: Forwood, they are testing SMD in the vertical section, no horizontal required.

How do they test directly from the vertical without a small horizontal or 3?

Simple. They just lower the perforating gun to the required depth and discharge it.

Otherwise they have to cut a hole in the casing and then start again drilling a horizontal(or 3).

[ohdearohdearohdear] 19/5/2023 11:42

That's no way to talk about forwood Madd.

[madd_rip] 19/5/2023 11:39

Pot kettle black flip flopper

[madd_rip] 19/5/2023 11:05

And yet you're a lying flip flopping troll. Go figure

[ohdearohdearohdear] 19/5/2023 10:53

Quite happy where I am thanks amaretto.

10p.

[forwood] 19/5/2023 10:43

Rabito79 said: Forwood, they are testing SMD in the vertical section, no horizontal required.

How do they test directly from the vertical without a small horizontal or 3?

[amaretto1] 19/5/2023 10:42

Well jog on then guru 2 !!

[ohdearohdearohdear] 19/5/2023 10:42

"amaretto119 May '23 - 11:40 - 4571 of 4571
0 0 0
Lol lol … coming from a clown like yourself…
I’m pretty confident…. My pot is far far bigger than the 2 resident clowns on here !!!"

I'm sure it is amaretto, I'm sure it is.

:-)

10p.

[amaretto1] 19/5/2023 10:41

R u short then ??? A very very simple question....Come on guru we all want to know ??