RE:RE:Next Q earnings guesses?Continuing previous message,
so a million saving a year is the equivalent of Brent going up a fifty cents.
PTA is simply forgotten by institutions now, as soon as they start announcing positive drilling updates PTA will become a sexy stock again and value hunters will rush in. If you don't believe that will happen then you simply shouldn't be investing in PTA. It's not rocket science !
I on the other do believe that production will eventually increase to above 10,000 bopd and I also believe that Oil will rebound above $70 and I do believe if I extend my investment period to a few years that I will sell PTA over $1 a share, making millions in the process :)
Cheers