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Bullboard - Stock Discussion Forum Petrominerales Ltd PMGLF

Energy Oil & Gas E&P

GREY:PMGLF - Post Discussion

Petrominerales Ltd > Bullish
View:
Post by soberinvestor on Sep 17, 2012 10:46am

Bullish

Very bullish bid on Call, 140 contracts, biggest I've seen for PMG. I think at 8 it's a steal considering new index listing. All those downgrades IMO could be to give an entry point for "big boys". JMO.
Comment by maxleverage on Sep 17, 2012 8:49pm
I would agree. When the analyst's turn very bearish is usually when things turn.  If PMG's stock stays as low as it is, I believe it will taken out by Xmas.  PRE is looking to grow their "light oil" business, and PMG would be a perfect fit.   PMG's market cap is less than 10% of PRE's so easy to buy, and the multiples would all ...more  
Comment by bosse on Sep 17, 2012 9:07pm
While waiting for good development (news) we have a 6,00% dividend. Not bad for  shareholders Very confident of good news coming soon.
Petrominerales Ltd
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