PetroNova Inc. (PNA.V)

(Top Pick Feb 9/11, Down 45.00%) Didn’t drill a single well. Sitting on $44 million of cash. He is going to hold it.

Stock is down about 23%. Sitting with about $40-$45 million in cash and should be spudding a well in the next couple of weeks. With some news, the stock should do better.

Has the impression that it is very under owned and only covered by one analyst. Well funded balance sheet. Have a huge running room in Colombia in 3 different key areas all of which are on trend with significant discoveries.