RE:Pta,......buy ,sell,hold ?
I do agree that their has been some delay but not sure about the 6 month holding pattern. Lot of awaiting news that will have impact on short term basis. LC1 should be on long term prod in november. I do believe PXT is going to test either La-guira or LC2 before november end with the workover rig.
Once that is done, we might have to wait a little bit for the other one depending on what are PXT's plan... but i do believe their is still short term catalyst. But once LC1/2/Laguira's results are out, i think we won'T have any catalyst left before YE report/Reserve update. I know some will say that their is still malavar-1, rumi-1 but with all the delay at LC2, probably all those will be delayed to Q1 2014...
later
white