Member Info for Goldstinger

Oh the irony... I'm crying laughing here.... at least I'm happy in my ignorance then.
Onwards and upwards.
GS

Rumour has it that the fella at Farallon who flogged those shares has been sacked...
".. they laughed when I said I wanted to be a comedian. Well, they're not laughing now".
Bob Monkhouse I believe.
GS

I'm just nervous. Are you not Rex?
No I wouldn't shut my clothes shop. They would go musty and price would go down as they would be out if fashion in 2 years.
GS

Thanks andmillsy for the great link. I've no doubt this commentary has already kick-started further interest in PANR, hopefully by larger investors.
It was a compelling read and does seem accurate, although I'm puzzled by the use of 'non-fundamental' selling by Farallon. I still do not understand why selling shares at a ridiculously low price, even to service a debt, makes Farallon feel kind of satisfied they got their money back, when all the signs are that this share is way undervalued. Surely they could have got the same cash back for selling fewer shares when the SP reaches say £3.50 or whatever. Why sell when the signs of great things to come are staring you smack bang in the face.
I think Scot126 is right. I do not understand hedging. How's my Dunkel-Kruger :-) score Scot?
Anyway.
Nice to see a positive effect on SP. Expect a flock of new BB contributions and otc mass commentary too? Let's see.
GS

21.47
I think most ppl understand your questions and doubts about 88e acreage and value by now.
My view is to let my free shares ride in 88e, because we have a 57% cos next year on Merlin 2. I am 100% certain the shares will be higher next year running into the drilling of the well. But it's my opinion, based on what we know.
I am also in the Northern Neighbour because of their compelling recent advances at Talitha, but I have reservations regarding their integrity and with good reason. Frankly, your posts don't help my 'reservations' because of the way that you present them. Which is why some many become antagonised with your posts.
We get it. We really do. I and many others are invested in both. Both companies will gain by PANRs success, when proven up next year. In my opinion.
What we can't do is put a value on icewine conventional right now because there is lots more work to do. 88e have already said they are looking back at our previous data in the light of Talitha info. I don't see that us novices would be able to make any comment about icewine acreage until 88e release new hindsight information. It would be scourilous to expect someone to pass comment when one knows that the data is not yet out there. So why should we guess.
So yes, we have ideas in our heads about what might be, with a generous overlap of NN fortunes into 88e acreage. But quite impossible for me anyway to quantify. It's just simply an idea in my head. Which you criticised last week. Does that now make more sense?
I am still over 100% up on my NN shares btw. I just hope they skyrocket too. I can afford to lose on both. All very well calculated in my overall portfolio which has to mature in 2 years maximum.. hence my objectives are clear.
I'm not so sure about your objectives though.
GS

...and of course 41.67% + 12.76 + 1.27 = 55.7% cos on at least one zone.
GS

I'm not a full blown statistician but do have a degree which included maths. I've crunched Scots numbers. So long as all the possible outcomes =100%. It's hard to argue with really.
So. 14% + 10.43% + 17.24% + 3.28% + 5.44% +4.04% +1.27% + 44.3% =100%.
Ie the first 3 numbers are one well zone is successful = 41.67% (14.0+10.43+17.24)
The next 3 numbers are 2 zones successful = 12.76% (3.28+5.44+4.04)
The seventh number 1.27% is the Holy grail, all 3 zones successful.
And of course, the bummer number 44.3% makes 100%.
Back to my rest and recuperation now.
Will you be investing now Scot?
GS

Because he isn't a shareholder. '

I'll go first Brom. Just to shut him up.
£££ 88e Assets / Valuation as % of whole £££
Yukon less than 10%. Maybe less than 5%.
Umiat/Peregrine upto 45%.
Icewine 50%.
All done without a calculator. It's in my head.
No flow test because of the huge risk if owt goes wrong. I reckon, the new guys were brought in to help address such questions. Once they have their feet under the table I expect they will advise plans. We can always ask Ashley.
Happy now?
GS

Scot. Thank you for your lovely expertly written answer. The thing is, if you were invested, I would give a toss. That fact that you are not, I don't.
End of.
Bye
GS

I’m not sure about something so I’ll put this out there. How many of you share holders who write on these boards get up in a morning and think. Yes, I just dreamt that I’m an analyst! That’s great so now I can get to work on deciding how much 88e will be bought out for or what their NAV should be, based on this spurious information I’ve gathered over the last 5 years. It’s probably gonna take me 3 months work, on and off. But I’ll then share my findings free with Scot126. Such a nice bloke, he deserves everything for free.
Even analysts get it wrong over and over again. What chance does a novice investor have? We’ve all lost money on some shares and gained on others. That’s life, because we can’t know all there is to know.
So why would anyone really care to compare the Value of 2 separate companies, even when they are neighbours with similar goals. Except to decide for oneself where to put ones money in the case of indecision. I’m in both, because I want to be in both. I don’t care which one wins as the profits from a winner will more than make up for the losses on the other. They both have lots of oil, but totally different styles of selling themselves to would be buyers, and investors.
They also have a great many ways of ‘disguising’ capital raising. They weave a tangled web, all a mystery for some, and a put-off for others.
I think I am one of the majority on this board who have simply taken a punt on a share. I’ve seen enough ‘amateur’ valuations to last me a lifetime. Please don’t think you are an analyst tomorrow or the next day or the next. Opinions are fine with me though.
FWIW, I think 88e’s market cap will go higher towards the next drill too. They’ve told us what they are going to do and why, so why not expect a rise? After all, that’s what happens on every drill. A successful Merlin 2 could dramatically alter the course of things.
GS

Back up again...
Some history...to whet appetites.
https://twitter.com/AlaskaPanr/status/1439694269393129473?s=19
GS

Correction from yesterday's PN link.
"September 20, 2021 --- Vol. 27, No.18 September 2021
One more North Slope exploration well!

We missed an exploration well planned for Alaska's North Slope this coming winter. Great Bear Pantheon, operator of the Theta West leases to the west of its Talitha unit, plans on drilling a Theta West exploration well.
While no permits or a lease plan of operations have been filed by Great Bear Pantheon with Alaska's Division of Oil and Gas, the company was previously able to secure all needed authorizations and permits from all the required agencies in a three and a half month period of time.

See original story in our Sept. 19 issue titled 88E lone explorer?"
Let's hope it wasn't a wind-up heh?
GS

I'm guffawing now. Jesus Scot, I'm guessing you are not a teacher! Ffs speak Inglish. I thought my explanation was enough.
BTW. Scot is deep into this share up to his gunnels I expect. Most sensible investors in highly risky stocks do not expose themselves beyond maybe 1 or 2% of their portfolio.
Scot is upset now because he was exposed to contradiction of legally binding bulletins. Which he had no idea how to explain. So he takes it out on bulletin board Robin Hoods. Who simply want to steal from the rich twits to give to the poor.
Scot is in 'with the in crowd' or so he says. He protects the ones who should be paying their own debts. He said below. Read it.
I'm concerned about Scot so don't upset him pls.
Just let him go away of his own accord.
I never sold my shares in PANR. I'm still invested. Bit I will NOT stand by while pillocks defend GB not paying their own debts whilst instructing Farallon to to sell shares. It IS complete and utter hedging at its worst. I fxxing hate 'hedging in any form. And so should any private investor.
Don't bother answering Scot, your time is done here.
GS

https://www.petroleumnews.com/pnads/320617471.shtml

Hi Greedy4P. Don't worry, it's very easy to think that Great Bear are instructing Farallon to sell shares. But it seems that TR1s, according to some on these boards, are filled with drivel. Apparently GB are crying about the sale of these shares. The only reason 'they' are selling is because they are indebted to Farallon, who want debts repaid.
Yes, I found the concept weird, especially the lying 'legal' nature of it all. Don't worry, be happy, it's only money.
Scot126 will explain far better than I can but whatever you do don't rattle his cage. He bites.
GS

I got a feeling too
https://youtu.be/ipii7KbbJLY
This will be the Pantheon anthem when the news comes...
Great to be back. How yawl doing?
GS

Its says 1,152,180 cases sold on the website. Assuming that cases means 10 packs of 150ml at $21.99 NZ dollars per case ( seen on a retail outlet in NZ).
2NZ$ = £1.
So £11 per case x 1152180 = Sales of £12,673,980 at retail point since counter started.... which could be 2013/4? Anyone have any better idea of retail sales price vs what East imperial would sell to the retailer for?
Then of course we need projections of likely trajectory of sales going forwards.
GS

Ps - thanks to all those who tried to help Scot see the error in his ways.
And good luck in your journey with PANR.
I do believe they'll eventually make it, just not yet. And I'm not hanging around for a cap raise.

GS

23.48 Our last posts crossed Scot. Very disappointed to see you resort to a personal attack, which was identical to one you have done before. So as much as I thought you were a decent chap underneath, you have revealed to everyone what a cad you are. I expect you will disappear and regenerate under another monicker. Buh-bye.
Oh and try to grow up and let go of nannies apron will you.
GS