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Bullboard - Stock Discussion Forum Petrominerales Ltd PMGLF

Energy Oil & Gas E&P

Bullboard (GREY:PMGLF)

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Comment by oilwatcher13on Nov 29, 2013 11:16am

RE:Alvopetro

Wright and Ruttan have zero credibility in the market today IMHO. They are very good at paying themselves very well though... we are the suckers!!!!
339
Discussion
Post by philippechampyon Nov 29, 2013 10:38am

Alvopetro

 John Wright and Corey Ruttan will be at the head of the new co, Market will interpret their presence as something very bearish. Nobody to explain that to these people ?
456
Discussion
Comment by oilwatcher13on Nov 28, 2013 6:40pm

RE:Resource Co value

New Name - Alvopetro Energy Ltd.- ALV to start trading in 4 to 5 days, they have already spent some money on the acquisition of 4 more blocks in Brazil for an undisclosed price. They had 118 mil. but ...more  
387
Discussion
Post by TOCATon Nov 21, 2013 8:28pm

$40

I don't understand why we get $40 a bbl for oil in Alberta. Oil is leaving the province and someone is making the profit. Maybe oil is so abundant that the posted price is false, only available to ...more  
425
Post by 1Derrickon Nov 15, 2013 8:33am

Petrominerales Sinks into Red in Q3

Summary Update:  https://stks.co/tcqv
427
Post by Moemoney42on Nov 13, 2013 11:01am

Resource Co value

Hi everyone My thoughts on the value of the new ResourceCo should be over $1.28/share as that's what they have in cash and operating budget alone when they hit the ground running! Now add some ...more  
595
Discussion
Comment by Russmovon Nov 04, 2013 11:18am

RE:RE:RE:Re: Market Price

I'm wondering if its worth holding on til the takeover and see what the new resourceco stock does, or just get out now. Hmmmm
438
Discussion
Comment by oilwatcher13on Nov 04, 2013 10:05am

RE:RE:Re: Market Price

The latest press release indictes an additional 18 million to Exploreco as the assigned operating budget for the assets spun off in this deal. Had 100 mil and spent 10 indicated 90 mil cash and now ...more  
363
Discussion
Comment by Storckon Oct 29, 2013 1:11pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:A little puzzling whats going on

No issues there, dreadlord. Even though they're primarily ex-PDVSA (Venzuelan) guys, PRE is a Canadian company headquartered in Toronto. Regardless of who may have bought them, PMG does not own ...more  
322
Discussion
Comment by bl1949on Oct 24, 2013 11:27am

RE:Re: Market Price

Even if they can't find "oil at an Exxon station", they still have the land holdings and RBC considers this to be worth $1.80.  Discount that by 50% and you get cuttent market.  ...more  
340
Discussion
Post by oilwatcher13on Oct 22, 2013 7:40am

Re: Market Price

The current market price represents the $11.00 per share plus the 50% valuation of ExploreCo due to the lack of confidence in PMG management. The market thinks these guys are a bunch of clowns that ...more  
506
Discussion
Post by Russmovon Oct 22, 2013 12:22am

Update

  [Marketwired] ________________________________     [https://media3.marketwire.com/docs/petromineraleslogoLG.jpg]     Petrominerales Ltd. TSX:     ...more  
469
Comment by dreadlordnafon Oct 15, 2013 3:17pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:A little puzzling whats going on

Do any red flags jump out as possible reasons that this deal might now close?    I know Canada has before blocked foreign takeovers.  Does this raise any of the same issues? 
343
Discussion
Post by Russmovon Oct 15, 2013 8:43am

Petrominerales update

I just received this    [Marketwired] ________________________________     [https://media3.marketwire.com/docs/petromineraleslogoLG.jpg]     ...more  
489
Discussion
Comment by Russmovon Oct 04, 2013 3:03pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:A little puzzling whats going on

Thanks for the response. Gives me something to think about. 
326
Discussion
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