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Bullboard - Stock Discussion Forum Petrominerales Ltd PMGLF

Energy Oil & Gas E&P

Bullboard (GREY:PMGLF)

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Comment by lrodri7418on Jul 25, 2012 10:59pm

RE: RE: what is going on?

Well, if there are "just" 30 million in reserves and PMG production is over 30,000, simple math explains the whole thing. Annual production is equivalent to over 10M bpd, which means PMG has ...more  
313
Discussion
Comment by lrodri7418on Jul 25, 2012 10:51pm

RE: what is going on?

 The sellers are canadians (institutional funds). Today, for instance, Goldman Sachs out of the blue began to sell shares big time. Rebel attacks have skyrocketed indeed and PMG had to abandon ...more  
290
Discussion
Comment by maxleverageon Jul 25, 2012 7:33pm

RE: what is going on?

I have called Dena at IR a few times.  She says she doesn't know what is going on and that there is NO news.  She mentioned that Q2 conference call is scheduled for 11 am EST ...more  
292
Discussion
Post by vwdriver21on Jul 25, 2012 7:04pm

what is going on?

This is getting rediculous. A P/E of 1.73? Any idea why the constant drop? They were saying this was trading at book value when it was at 12 bucks, now its 9. Is it the rebel attacks creating the ...more  
487
Post by thedave2O12on Jul 24, 2012 8:56am

Petrominerales & Canacol Energy Takeover Targets?

.Petrominerales and Canacol Energy are clearly in the crosshairs of Chinese Oil Majors today, with news of Nexen and Talisman yesterday in the Billions .Petromineriales and Canacol energy in Colombia ...more  
498
Post by thedave2O12on Jul 23, 2012 8:13pm

5+% Dividend = Petromineriales

Petromineriales  and Canacol energy in Colombia are in sights of Chinese oil majors looking for there next takeover, Sinochem may soon buy Canacol energy imo,  and other Chinese oil Majors ...more  
332
Post by maxleverageon Jul 19, 2012 7:33pm

Why at 52 week lows?

Do you think the presence of gas at Bromelia (per that June 18th release) means the hole won't be good? (and that is why the stock is drifting down). I guess the market has had enough of: 1) we ...more  
360
Comment by maxleverageon Jul 19, 2012 4:26pm

RE: possible take out

They also need to replace some people in the G&G group after the last 12 mo of poor results.
268
Discussion
Post by oilwatcher13on Jul 19, 2012 11:36am

possible take out

If this continues someone is going to take this one out, little debt, great land holdings but needs a better management group to be more agressive in drilling.
383
Post by oilwatcher13on Jul 19, 2012 11:33am

oil vs. price

In the last month oil has increased from 80 to 90 dollars per barrel and the PMG stock price has gone from $12.50 to $9.60. That is almost a 25% drop in share price, the numbers just don't make ...more  
266
Comment by naeden99on Jul 18, 2012 10:18pm

RE: RE: Share Price

If this is the reason its down, probably a good buying opportunity. Found an article (below) that indicates the production they are losing is only 500 bbl/day. Also the exploration well that they' ...more  
341
Discussion
Comment by maxleverageon Jul 18, 2012 4:12pm

RE: Share Price

The only thing I could find is a bloomberg article which said they had some issues in Columbia with protests.  IR told me that it is not that big a deal, they are storing the oil.
223
Discussion
Post by gnperrason Jul 18, 2012 1:56pm

Share Price

Oil is up, PMG down setting new 52 week low! Whats up with this stock, compare PMG with PBN and you see a $4 swing in share price between the two in the last month! Is management sleeping...  ...more  
287
Comment by f_the_bankerson Jul 16, 2012 8:04am

RE: House Positions for C:PMG from 20120612 to 201

is it just a coincidence that the totals sum to 0? how does that happen?
415
Discussion
Post by yortmic62on Jul 12, 2012 11:53pm

House Positions for C:PMG from 20120612 to 2012071

House Positions for C:PMG from 20120612 to 20120712 House Bought $Val Ave Sold $Val  ...more  
392
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