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.
I wrote about Pantheon Resources (PANR) at the start of this year, prior to the Talitha A well. The results reported in April waffled greatly about the fantastic well log and data collection results and technical information obtained. Last week saw the company release a presentation with high technical content and plenty of management estimates. I see the same bullshit pattern of share promotion previously seen from the company playing out once again.