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Showing 1 to 11 of 11 entries
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COMMENT

Owns warrants. Does not rank very well in his process. Had good results, but being in that small cap area as well as being in Colombia hasn’t helped them. Investors have been fairly risk adverse the last couple of years, especially in the energy sector. They have a lot of blue sky ahead of them. Potential is through the roof, but they have to prove it.

oil / gas
BUY

He owns names in Columbia already. This one has done well. Came up with a fairly good discovery. Likes the story and there should be quite a bit of upside. Cash flows should be increasing over the next number of quarters and there is some upside in expiration also.

oil / gas
BUY

Likes this. Recently had good results with the drill bit. This is one of those companies that had done some financing last year at much higher prices but Colombia was really not the place to be last year. Has started to come through with production numbers that look much better. Undervalued.

oil / gas
HOLD
This stock caused him to despise exploration. They now have an element of cash flow and some cash on the balance sheet. They are trading at 2.5 times cash flow. Thinks they will get taken out. He sold it.
oil / gas
COMMENT
Micro cap Colombians are totally out of favour in this market right now. Had a string of dusters.
oil / gas
HOLD
They had an expiration well that they could not test. Columbia has been a really tough place this year. They are fully funded. Are drilling a well for June. A pure exploration name. If they hit their well you could see a pretty good upside on this stock.
oil / gas
DON'T BUY
Currently making an offer of their shares at $0.20 with a half a warrant with each share that can be exercised at $0.35. a lot of potential in resource but converting it into production has been a problem, Doesn’t like the dilution of the share base. He prefers to invest in the services space right now. Interesting prospects but at the same time
oil / gas
HOLD
Was A Top Pick a few shows ago and has been a total disaster. Exploratory wells. They drilled a well that had massive cost over runs and ended up costing $20 million gross. Also had a management turnover, which eroded team confidence. Have a very good land package and $13 million in cash.
oil / gas
PAST TOP PICK
(A Top Pick Oct 27/10. Up 22.22%.) Still likes and is still Buying. In Colombia. Good land spread and good management. Did a financing and the balance sheet is good.
oil / gas
BUY
Been quiet, awaiting closing of an acquisition. Likes it quite a bit. Management is quite experienced.
oil / gas
TOP PICK
Pure exploration with no production. Good management. CEO was former VP of Petrominerales (PMG-T). Just did a financing of $25 million. Just firmed in some blocks on Talisman (TLM-T) as well as having some other high grade of blocks. High risk.
oil / gas
Showing 1 to 11 of 11 entries
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Petroamerica Oil(PTA-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Petroamerica Oil is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Petroamerica Oil(PTA-X) Frequently Asked Questions

What is Petroamerica Oil stock symbol?

Petroamerica Oil is a OTC stock, trading under the symbol PTA-X on the (). It is usually referred to as or PTA-X

Is Petroamerica Oil a buy or a sell?

In the last year, there was no coverage of Petroamerica Oil published on Stockchase.

Is Petroamerica Oil a good investment or a top pick?

Petroamerica Oil was recommended as a Top Pick by on . Read the latest stock experts ratings for Petroamerica Oil.

Why is Petroamerica Oil stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Petroamerica Oil worth watching?

0 stock analysts on Stockchase covered Petroamerica Oil In the last year. It is a trending stock that is worth watching.

What is Petroamerica Oil stock price?

On , Petroamerica Oil (PTA-X) stock closed at a price of $.