Petrominerales Ltd PMGLF

Folks, this stock is a steal!

[cassius15]

Compare pmg's market cap  $1.84 B  with gte  at $1.5 B

pmg  32K barrels a day           gte. 17K barrels

14 million barrels in 2011         gte   6 million

compare 2011 earnings  

     $2.68                                           gte  $.45 a share 

 

reserves   60 million                50 million

[dbeaude]

This stock has become speculative in my opinion. They have very poor reserves, and were not smart or wise enough to even replace their productions in 2011. Plus, their production levels have become totally undependable. So if you buy the stock, you are speculating so do not invest too much. The whole Petrobank management team is a bit shady to me. Very undependable. I bought the stock at $16