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Bullboard - Stock Discussion Forum Petrominerales Ltd PMGLF

Energy Oil & Gas E&P

GREY:PMGLF - Post Discussion

Petrominerales Ltd > bounce short term to 8s-8.40s?
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Post by thedave2006 on Aug 06, 2012 6:12pm

bounce short term to 8s-8.40s?

so how did it get to 30s?  looks like a short term good trade.  was about 11 weeks ago.  30 again probably not unless they make a good discovery and have good production growth.  judging by the drip in price with latest Q in hand, i guess sp action down doesnt like what has happened.  no real rush to get bacck in, probably in penalty box for a Q or 2 unless you are in there for a bounce from oversold condition albeit understandibly.

 

nearing 8 stateside today since they trade in US under symbol of pmglf.

 

cheers,

dave.

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