Robert McWhirter
Petro Andina Resources
PAR-T
TOP PICK
Jan 26, 2009
Oil company based in Argentina. Production is increasing dramatically. Expected to earn $3.93 cash flow at calendar year end. Sell if it falls below $4.75.
Oil company with their assets in Argentina. Have a massive land spread. Current production is over 5000 BOE's. Currently trucking but will have a pipeline built by February 2008. Development profile is huge. Low risk.
(A Top Pick Aug 1/07. Down 11%.) 600 locations to drill in Argentina. Production up by 40% and will probably double again in 2 years. Export tax hit the stock but valuation is compelling and is still a Buy.