Few  notes  about the drilling results of PEC  and few other exploration ventures worlwide in this  recent   SeekingAlpha  article...

 

http://seekingalpha.com/article/1099041-these-5-commodity-stocks-could-drop-significantly-in-2013?source=yahoo

 

 

The  author  implies  the  high  risk  of  PEC  and  the  others...