columbia vs. canada You have a point rapid with the exploration and land holding side of things, but I honestly think PTA's previous highs were due to quantitative easing as well. Quite the fluid market just a couple years ago. All the Canadian oils/gas companies are all undervalued right now bigtime. The SU, CNQ's, BIR, WFE, WCP's...CR's...etc. All the money that has been directed into the oil sector has gone here - and the more risky plays (Columbia...etc) havent seen much for investing. All comes down to risk tollerence in these markets. The Canadian based juniors might move first as well. And when the Canadian oils start to move, because we all know they will sooner or later, Columbia will follow. PTA at 1.00/share? who knows. IMHO. Cheers.