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Bullboard - Stock Discussion Forum Petrominerales Ltd PMGLF

Energy Oil & Gas E&P

GREY:PMGLF - Post Discussion

Petrominerales Ltd > Am I seeing things, this can't be
View:
Post by bladerummer on Nov 05, 2012 10:11am

Am I seeing things, this can't be

Never the less, this Columbian slash TSX stock is a weak investment.
Comment by bosse on Nov 05, 2012 12:32pm
As far as I am concerned,I think we have reached the bottom last friday. I d'ont know of a petroleum company that have a price/cashflow at 1.0 They have buying back 15 % of their shares and are paying 6,2% dividend and they are very profitable. A lot a news to come in a few weeeks (end of november)and the production number shoud increased .    
Comment by maxleverage on Nov 05, 2012 2:47pm
I concur.  The right time to sell was back in the spring when it was $18.   Now at $8, I would rather be a buyer than a seller.   Full of value here and if they find some meaningful will move MUCH higher.  
Petrominerales Ltd