RE: RE: O/T Swale Copper mountain firesale today If you want somewhere to go to after IAE I am seriously looking at T.PMG, do you own DD but here is some below, and I have appreciated tips on good companies:
- closed $21 sp on Friday RBC Outperform rating at $40
- produces 37K bopd growing to 43 Kbopd in 2012
- pays 2.5% dividend 0.12 per share quarterly
- huge cash machine!
- drilling big targets News due early Feb
- Net profit for 2012 $3.60 fully diluted per share
- CFPS FD 2012E $8.71
- Trading at P/CFPS 1.9x 2012 estimates
- NO DEBT
- Only 99M shares outstanding fully diluted
- Technically meets Blind as a Bat ;) 20 day positive cross over of 50 day MA, see chart below, very good entry point
RBC analyst Outperform $40 price target
https://www.petrominerales.com/
https://www.theglobeandmail.com/globe-investor/markets/stocks/analyst-ratings/?q=PMG-T