Cohen & Steers Tax-Adv Pref Secs and Inc Fund V.PTA

Primary Symbol: PTA

The Funds primary investment objective is high current income. The Funds secondary investment objective is capital appreciation The Fund seeks to achieve its investment objectives by investing at least 80% of its managed assets (i.e., net assets plus assets obtained through leverage) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies, which may be either exchange-traded or available over-the-counter. In pursuing its investment objectives, the Fund seeks to achieve favorable after-tax returns for its shareholders by seeking to minimize the U.S. federal income tax consequences on income generated by the Fund. There can be no assurance that the Fund will achieve its investment objectives.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund > PUT-7 Block & the Quinde Gushers from the Suroriente Block

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Comment by Kevin987on Sep 28, 2014 3:06pm

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Post# 22977798

RE:PUT-7 Block & the Quinde Gushers from the Suroriente Block

I agree with you to some degree and you don't know for sure if geoglobal has one employee, but again the block is "(subject to ANH approval)"
Share consolidation is coming and it will be good for the company.
It's quite funny to see the multiple posts in a row by some of the traders on here. It indicates desperation because they want the stock price to go up so they can sell and get out.

perdikaoilgas wrote: I will disappoint "Kevin987" alias who repeatedly keeps posting GeoGlobal's claim about PUT-7 Block.

According to the map, PUT-7 Block contains the west Quinde field where the Quinde gushers are. PTA has 50% of PUT-7.
PTA also has 15.8% in the Suroriente Block that contains the East part of the Quinde oil field.

To set things straight for all those who might take this laughable claim seriously:

- PUT-7 is undeveloped land. Again, this is undeveloped land.
PTA has zero production and zero reserves. PTA's development program over the next months has nothing to do with PUT-7.

PTA's development program is focused on the development of the Quinde field in the Suroriente Block until 2015.

PTA will drill 4 Quinde wells in Q4 2014.

Quinde - 4 wells
Development Suroriente 15.8% Q3/Q4 2014

- Do your reaseach to see that GeoGlobal is a tiny exploration company that trades at the PINK SHEETS and FAILED operationally some years back.

GeoGlobal is an ONE MAN SHOW company. The sole employee is Jean Paul Roy.

GeoGlobal's filing says that "the former owner of the Putumayo-7 block had agreed to create an operation agreement and/or JV with GeoGlobal, but the agreement was never received. "

It is obvious that Roy has not a leg to stand on.