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Petrominerales Ltd. (PMG.TO)

BUY
(Market Call Minute.) Colombia is one of the most attractive regimes for oil/gas and they have lots of reserves there.
COMMENT
Prefers Petrobank Energy (PBG-T), which has 77% ownership in this company.
BUY
Prefers its parent, Petrobank (PBG-T) more. Very rich oil territory in Colombia.
HOLD
Petrobank (PBG-T) owns 60% or 70% of the stock. Extremely rich oil finds in Colombia.
COMMENT
Owns Petrobank (PBG-T), which has 77% of this company. Likes it going forward. Hasn’t looked at it for a few months and there has been a fair amount of value added to it, so not sure if it is fully priced or not.
BUY
Great oil reserves in Colombia.
BUY
In Colombia. Have a management and geological team that just keeps hitting well after well. Have a fabulous asset. He owns Petrobank (PBG-T), which owns a majority stake.
SELL
Have been in Colombia for quite some time and have had pretty significant discoveries in the Llanos Basin. Stock has been running lately because they are drilling the Corcel 2 well, which should be down probably in the next 2, 3 weeks. Getting expensive at these levels and he would suggest you take some profits.
DON'T BUY
Nice exploration play that has done well. Has had a huge run and would probably not buy at this point.
PAST TOP PICK
(A Top Pick Oct 19/06. Down 28.1%.) Suffering from the Latin American left-wing blues. Also had a poor showing from one of their drillings. In very rich territory.
TOP PICK
Recent spin-off from Petrobank (PBG-T). Located in Colombia, in an extraordinary rich region surrounded by well-known giant companies. Up to 3500 barrels a day and expanding. Speculative.
Showing 46 to 56 of 56 entries