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Bullboard - Stock Discussion Forum Petrotal Corp T.TAL

Alternate Symbol(s):  PTALF

PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing... see more

TSX:TAL - Post Discussion

Petrotal Corp > A lot of shares
View:
Post by mnyincrs on Jun 28, 2021 2:00pm

A lot of shares

With the # of shares out and with good news flow, would think the rise on TAL would be slow but steady up.

Wonder if they would ever do a 10 for 1
Comment by BryStockGuy on Jun 28, 2021 6:40pm
Last year there was an approved vote to reduce the # of shares with a reverse split, however this year the new CFO stated in the last earnings call that a reverse split is no longer a priority. Also,  I agree that the climb will be slow and steady from here with the political risk mostly ratified by Castillo's agreement to appoint key players that are very pro business.
Comment by mnyincrs on Jun 29, 2021 10:06am
Thank you for the info.  Oil production and Natural Gas, gotta love it! How could this stock not go up with Oil heading to $100 within a year if not sooner. Cant imagine the OPEC decision/vote this week will change anything for the medium to long term trend of Oil heading upward. In fact I hope it will go positive for Oil price in short term.
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