This board and buyers have vanished......I would say that PEC is an ultimate Contrarian play now.  If there is any chance that the unconventional drilling program pays off, this could jump like Goldquest did.  From .04 to $2.03 in a very short period.  Or it could go to zero.  I would hope that the experienced oil people running the show have some sort of plan in place to keep from going to zero as the odds of the pre-salt well hitting were about 30%.