Petrotal Corp T.TAL

System Moderates Once In Office

[BryStockGuy]

According to Fitch Perus macro and fiscal frameworks tend to moderate policy proposals once candidates enter office. https://www.fitchratings.com/research/sovereigns/elections-show-fissures-in-perus-political-institutions-14-04-2021

[Hendrick3]

Thanks for sharing this. 

[Kramerkarma]

"During his campaign, Mr. Castillo proposed re-writing the constitution, restructuring the pension system and nationalizing the natural gas industry." & "The extent to which Congress can work with the incoming administration will be critical to the governments capacity for passing growth-enhancing and fiscal reforms. The next president will contend with a fragmented congress of

[Kramerkarma]

https://www.jdsupra.com/legalnews/presidential-runoff-in-peru-6684197/ "in which the Government occupies an active role as a business owner and market regulator. This implies, in his vision, a new Constitution, the absolute prohibition of private monopolies, and limits to contracting with transnational companies, amongst other measures. Mr. Castillos plans also include the nationalization of

[Sunset48]

Thanks Kramer for the info and your opinions.   I'm one of the posters who was and still is positive on the future of TAL.   I've not sold and pleased but reserved to see a little bounce in the SP this morning.   Everyone has their own reasons for selling but we may have witnessed a little over reaction.  For every seller there is an eager buyer. Oil