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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 > You don't get it, Geezer, It isn,t being handled at all.
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Post by drunk@noon on Jun 14, 2023 7:37am

You don't get it, Geezer, It isn,t being handled at all.

Perez does what he wants, and now he clearly has the backing of the governor of loreto. On top of this, with the millions from M.Z. foolish fund at stake he has quantifiable motivation to countinue to disrupt operations. The fund is costing shareholders millions AND has clearly made things worse IF M.Z. doesn't shut up and let them take the money. Oh yeah, and the company willl contnue to spend millions of dollars of shareholders money on unaccounted for projects for the local town... ie. giant cat fish project, and I think the company pays to electrify the town and supplies the town with fuel etc. These millions were good ennough to keep the locals happy, now if MZ keeps his mouth shut the social fund will keep the militants happy as they plunder it---if MZ fights them, G knows what happens. Like I said, one barge, one hole, one leak and shares go to 3 cents.
Comment by mjh9413 on Jun 16, 2023 3:36pm
I agree with you drunk@noon. If only the mess could be cured for good. And as to that guy's shareholdings, well he already owned them indirectly. He's shuffling them around for his personal reasons and whether these are good forTAL or not who kows just yet  He has so much money from his investments over the years this would be chump change...and just consider his cost...did I read 14c ...more