GREY:PMGLF - Post by User
Comment by
oilwatcher13on Nov 28, 2013 6:40pm
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Post# 21951548
RE:Resource Co value
RE:Resource Co valueNew Name - Alvopetro Energy Ltd.- ALV to start trading in 4 to 5 days, they have already spent some money on the acquisition of 4 more blocks in Brazil for an undisclosed price. They had 118 mil. but who knows what they paid for these blocks just acquired. They say they now currently have 105 million in cash.
Wright and Ruttan are a bunch of clowns who lost a ton of investors money but they think they are rock stars, read the press release. Then review the stock price of Petrobaken and Petrominerales over the last 3 to five years. First chance I get to recover some of my PMG losses I am out because these guys couldn't find oil if it was in a can in front of them...IMHO.