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Pete Brailey warns mug punters about Pantheon again

He called this as a slam dunk short at 122p on September 10. Shares in Pantheon Resources (PANR) are now 26p. So where next?

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Ouzo for Pete Brailey and the bears, another Pantheon disaster as its cash rapidly runs out!

The big bear call from Pete Brailey at ShareStock 2022 last September was Pantheon Resources (PANR) at 122p and its shares are now 31p after another disastrous operational update. To have presented such data if you were drowning in cash would be alright, but Pantheon is not, it is rapidly running out of other folks moolah.

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Pantheon Resources may be successful, but the valuation is way too high and there are better betss in the sector

Pantheon Resources (PANR) has a market cap of close to £1 billion but isn’t yet producing oil, which begs the question as to whether or not it is worth the current valuation and how much risk is attached to buying it at this level.

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Pantheon Resources – Bullshit time warp

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.

NEWSFLOW

Pantheon Resources (#PANR) – extends reporting deadline for its year ended June 2020!, drilling schedule update

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WH Ireland screws private investors in Pantheon Resources

Pantheon Resources (PANR) today completed a massive placing and Primary Bid offer at 31p. The shares were 33.7p bid (off 4.5%) yesterday but on the 13th they were 40p with some mug punters paying well North of that. On 11th November with the shares at 31p broker WH Ireland published a lengthy research note.

NEWSFLOW

Pantheon Resources (#PANR) – raises $30.2m at a discounted 31p per share

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Pantheon Resources – More useless crap assets confirmed?

Yesterday Pantheon Resources (PANR) confirmed that Haliburton has handed its 25% interest in the Alaskan Alkaid project and Phecda prospect back to the company for nothing.  As one of the world’s leading oil services companies, Haliburton has surely confirmed Pantheon has a further crap asset to add to its growing portfolio.

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April performance update: start of 2019 shorted AIM shares

Early this year we showed the Shorted AIM shares at the start of 2019. How's the performance following April? (those in bold remain from 2018)...

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8 days is a long time in the history of Pantheon Resources...oh dear, oh dear

Eight days ago Pantheon Resources (PANR) issed an RNS proclaiming a "successful flow test" of the Alkaid well. Its shares zoomed. Today we have an "update." Oh dear. Oh dear. Oh dear. The shares have slumped by 27% to 20.5p and I suspect that initial reaction is way too generous.