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Bullboard - Stock Discussion Forum Petrotal Corp T.TAL

Alternate Symbol(s):  PTALF

PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing... see more

TSX:TAL - Post Discussion

Petrotal Corp > Accumulation in progress
View:
Post by Moremoney4u on Oct 23, 2022 6:01am

Accumulation in progress

Yes, its time, volume is increasing, all week. STOCK moving up. The new WELLS are very promising, soon the 21,000 BOEPD will be a daily production number, TAL, is sitting on a POOL OF OIL. The ONP  will be repaired by NEW MGMT. , this year, maybe, first qrt. of next year for sure. This will allow TAL to pump to capacity, along with the barges. GOVTS,are being more accountable to the social issues, and the money needed to maintain the infrastructure. A large portion of their revenue is OIL RELATED. TARGET 1.25 $$$  in the new year,  also some were in TALs presentation , they mention a return of CAPITAL to the shareholder( DIVIDEND MAYBE), that would be phenominal, even half a penny. STOCK WILL BE AT 1.50 $$$. THEY have the cash  and the earnings, the WELLS PAY OUT IN 6 months, amazing. ALL the indicators point to stock appreciation, LOAD UP THE TRUCK.
Comment by mjh9413 on Oct 25, 2022 10:42am
..but why no prodn reported since 18th and prodn MTD is half last month's eom
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