RE: Sprott Top Pick in ColombiaOh, pluheeze. That kid is as green as it gets. There are significantly better ideas in Colombia than PTA. But whaddayaknow, he's pumping his own play......
Little BWN could easily outperform PTA (well, it has already, but who's counting?).
But if you want leverage, try plays like PXT and CZE that have tons of cash (and in the case of CZE, tons of cash flow) with tons of targets to test. PXT has a CC tomorrow and is expected to announce updates on some significant wells they are testing/are about to test. CZE will drill ~28 wells in Colombia in the next year. PXT will drill ~20 or so. CZE is exposed to 40MM bbls risked, or about 4x current reserves.