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Petrominerales Ltd PMGLF

Energy Oil & Gas E&P


GREY:PMGLF - Post by User

Petrominerales Ltd > Insider buys 65,500 shares today
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Comment by maxleverageon Oct 03, 2012 1:24pm
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Post# 20443310

RE: RE: RE: Insider buys 65,500 shares today

RE: RE: RE: Insider buys 65,500 shares today

I personally don't agree with selling a call against a stock which hopefully will have explosive upside (when they find more oil).  I would think most investors who didn't believe in the potential for significant upside would not own the stock in the first place.   Isn't this stock a little too risky if all you are looking for is a 6% yield?   Why would you not buy a REIT then?

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