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Pantheon Resources - throwing good money after bad

By Tom Winnifrith, The Sheriff of AIM | Friday 21 December 2018


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


As ever, the City's top oil analyst, Zac "the Knife" Phillips of SP Angel is bang on the money with his comments on today's news of a $16 million fund raise at a minimum of 15.25p by perennial uber dog Pantheon Resources (PANR). The great man writes:

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