Petrominerales Ltd PMGLF

RE: GROWTH

[soberinvestor]

As we see below the company you praise is just an exploration play. PMG besides that is a senior producer with coffers full of cash baying back its own shares. It can afford once in a while dry hole in oppose to penny stock you mentioned that may be finished off based just on one or two dry disappointments. From my experience there’s always reason a penny stock is a penny stock. You should IMO compare apple to apple not any other way around. Good luck with it anyway

Risks

Despite the fact that Canacol has a significant upside potential, i bear in mind as a shareholder that this is an exploration company which carries the inherent risk of disappointing drilling results that applies to any oil exploration company.