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Bullboard - Stock Discussion Forum Petrominerales Ltd PMGLF

GREY:PMGLF - Post Discussion

Petrominerales Ltd > Resource Co value
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Post by Moemoney42 on 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 value in for their holdings a $1.80 - $2.00 share value should be realized in no time?
JMHO
Please correct me if I'm wrong in this assumption.
Good luck trading
Moe $$
Comment by oilwatcher13 on Nov 28, 2013 6:40pm
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 who knows what they paid for these blocks just acquired. They say they now currently have 105 million in cash. Wright and Ruttan are a bunch of clowns who lost a ton of investors money but they think ...more  
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