Gran Tierra Energy Ord Shs T.GTE

Alternate Symbol(s): GTE

Energy Oil & Gas E&P

Gran Tierra Energy Inc. is an independent international energy company. The Company is focused on international oil and natural gas exploration and production with assets in Colombia and Ecuador. The Company has interests in approximately 22 blocks in Colombia, three blocks in Ecuador, and is the operator of 24 of these blocks. Its assets in Colombia represent approximately 97% of its production with oil reserves and production located in the Middle Magdalena Valley (MMV) and Putumayo Basin. In MMV, the Company’s field is the Acordionero field, where it produces approximately 17-degree American Petroleum Institute (API) oil, which represents 52% of total company production. The Putumayo production is approximately 27-degree API for Chaza Block and 18-degree API for Suoriente Block, representing 25% and 13% respectively, of total company production. It also has production base in Canada's hydrocarbon region, the Western Canadian Sedimentary Basin and appraisal assets in the North Sea.

TSX:GTE - Post by User

Gran Tierra Energy Ord Shs

Bullboard Posts

Comment by ModelT1on Oct 28, 2010 3:09pm

494 Views

Post# 17625787

RE: WTF?

I'm always amazed at people who don't understand why stocks don't always go straight up. Ever think the stock price of yesterday already had todays news (and them some) factored in?? Seeing as stock markets have always been forward looking since the dawn of time.

Eric Nuttal said yesterday on BNN it was "fully valued", as did TD Waterhouse the other day. Why are poeple surprised by a bit of a pullback? Could be worse, it could have pulled back 20%, and worse than that, it could also be raining outside now.

The last stock that went straight up was called Bre-X.

IMHO

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