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Bullboard - Stock Discussion Forum Petrominerales Ltd PMGLF

Energy Oil & Gas E&P

Bullboard (GREY:PMGLF)

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Post by soberinvestoron Sep 18, 2012 10:44am

Somehow...

...it doesn't hold to its gains, some downside may still be in the cards. I think could drop to around 7 but that would be "that's it". Any predictions?
304
Comment by bosseon Sep 17, 2012 9:07pm

RE: RE: Bullish

While waiting for good development (news) we have a 6,00% dividend. Not bad for  shareholders Very confident of good news coming soon.
235
Discussion
Comment by maxleverageon Sep 17, 2012 8:49pm

RE: Bullish

I would agree. When the analyst's turn very bearish is usually when things turn.  If PMG's stock stays as low as it is, I believe it will taken out by Xmas.  PRE is ...more  
246
Discussion
Post by soberinvestoron Sep 17, 2012 10:46am

Bullish

Very bullish bid on Call, 140 contracts, biggest I've seen for PMG. I think at 8 it's a steal considering new index listing. All those downgrades IMO could be to give an entry point for " ...more  
295
Comment by soberinvestoron Sep 15, 2012 7:15pm

RE: RE: SCS.TO or PMG.TO ?

I think Talisman exit may not be a signal to follow. On the contrary, Peruvian government may go easier on those who stay. After all they need our investment and the less of it they get the more they ...more  
264
Discussion
Comment by maxleverageon Sep 14, 2012 8:00pm

RE: Index

Great - anything to generate more buying of the stock.   I believe on Monday we will have the press release that the Q3 ex-divi date is Sept 28 and it will be paid mid-October. Even with the ...more  
222
Discussion
Post by soberinvestoron Sep 14, 2012 6:46pm

Index

Looks like divy is save otherwise they would not put PMG in income index. S&P/TSX EQUITY INCOME INDEX - SEPTEMBER 2012 - QUARTERLY REVIEW       ...more  
237
Comment by parachutiston Sep 14, 2012 3:42pm

RE: SCS.TO or PMG.TO ?

After Talisman news about exiting PERU, will  PMG  start selling  gradually its  Peruvian  assets? If  PERU  (with the new president)  keeps  moving   ...more  
216
Discussion
Post by parachutiston Sep 14, 2012 3:38pm

SCS.TO or PMG.TO ?

Which one has more upside? SCS (Second Wave) or PMG (Petrominerales) ? tia  
266
Post by maxleverageon Sep 14, 2012 10:13am

PMG buying their stock in the market

I checked the INK reports the last few days and each day, there is 40,000 - 50,000 shares being bought by an insider ("marked trades").  PMG is buying daily .... The stock is cheap ...more  
222
Comment by parachutiston Sep 14, 2012 4:35am

RE: TALISMAN exits PERU !!!!

I believe  CZE (C&C  Energia)  or  CNE  (Canacol)  will  be  the two acquisition targets of  PMG  or  others.   This  is  the  ...more  
304
Discussion
Comment by parachutiston Sep 14, 2012 4:30am

TALISMAN exits PERU !!!!

TALISMAN exits PERU as of the news today. This is not a good sign for PMG Peruvian land. TLM can not find the oil there and it considers the whole exploration effort to be very expensive. After this ...more  
282
Discussion
Comment by maxleverageon Sep 12, 2012 8:17pm

RE: why is pmg bought 600000 shares

Today's INK "marked trades" shows insider buys of 44,900 YESTERDAY (must be PMG continuing the August buying binge).   At least it shows management is not overly stressed about ...more  
333
Discussion
Comment by oilwatcher13on Sep 12, 2012 4:01pm

RE: RE: PMG may acquire CZE

They hardly drilled any wells compared to others in the area so if they cut the capex their performance and production will continue to decline. RBC just came out with the following note and a ...more  
321
Discussion
Comment by parachutiston Sep 12, 2012 3:51pm

RE: PMG may acquire CZE

so what do you think folks?   Is  the  dividend  of  PMG   in danger to be cut or will  PMG  reduce the  capex    instead?
247
Discussion
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