Petrominerales Ltd PMGLF

Re: Buyback

[oilwatcher13]

Why do you think they stopped the buyback? If it is true, they could have reached their maximum buyback allowed for the calendar year. These guys are in no hurry to try to stop the share depreciation, it seems they are just content to keep everyone in the dark.

What about the three mid november well results????????

[bosse]

They must be very near to release the news.I am also waiting    and hoping for the best. If they could tell us about november production and guidance for december. Simply hope that it is not a'' no news bad news'' situation !!!

[pokerbeeks]

PMG bought back 1.56 million shares in Novemeber, however they stopped buying back shares on the 20th.  I'm trying to get a hold of management to understand why they stopped the buyback.     They must be getting close to their max buyback under their NCIB so hopefully that is the reason.  On the other side it may be a liquidity issue or a dry hole issue.  I hope to

[soberinvestor]

At least it now trades naturally. I didn't like them buying, got a feeling they were manipulating letting it go one day (small amount bought) and then boosting it up (large volume bought back) like they were doing for insiders who new in advance whether they're going to buy little or a lot. Just a feeling, it's always a possibility, the're not there to please us, that's for