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Petromanas Energy Inc V.PMI

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  V.PMI.WT | PENYF

Petromanas Energy, Inc., is an exploration stage company. The Company is engaged in acquisition, exploration and development of oil and gas properties in Albania, France and Australia.
Price: $0.31 | Change: $-0.01 | %Change: -3.12%
Volume: 223,307 | Day High/Low: 0.315/0.305 | 52 Week High/Low: 0.40/0.08


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5 stars

RE:With some of these NEWS driven stocks, the shareholders

He did not say the total find was 500 million barrels.  He was referring to prospects,  an estimate of yet undiscovered hydrocarbons,  both oil and gas.  As an investor,  you have to risk the chance...read more
0 stars

With some of these NEWS driven stocks, the shareholders

sometimes create their own wake. PMI shareholders are waiting for a NR, albeit this is an important event. However, the stock deterioration from .38 to the current level has been overdone, the stock...read more
3 stars

Geopolitical Concerns

Wouldn't surprise me if this initial weakness in SP is due to the fact that just before the markets opened, it was reported that two Ukranian fighters were shot down. No question that this SP will be...read more
0 stars

Talisman Halted

Off topic but good news if a buyout is coming for rest of oil industry.  rate and reply
0 stars

Interesting article with videos on Albania oil

http://seekingalpha.com/instablog/3957081-tullii/2899723-bankers-petroleum-albania-fines-may-have-created-petromanas-buying-opportunity  rate and reply
0 stars

RE:Momentum

You back in the game? I think the MO of management is keep their cards close to their chest. Looks like the same happened last year as well. Q4 turned out to be the news rich quarter people were...read more
4 stars

There is no confusion on this Board, Glenn said

the resrves estimated are 500 million for the project as a whole. PMI's shares is 25% of that or 125 Milion barrels. Its that simple. When the reserve calculation comes out, we should be in this...read more
0 stars

RE:HockeyNUT2, I do not mislead people, I never said that

If you really want another war I will give it to you. In the interim I will extend an olive branch by congratulating you on your profit in this company.  rate and reply
0 stars

RE:Seems to be a lot of confusion

Which is why I will now wait for the reserve report.  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:This is a GREAT STOCK, will change your life, it is not a

It may be undervalued in your opinion, but when it comes to my money I will trust my opinion. Like I said before, I would rather pay a higher price for a sure thing than buy it now. GLTU  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:This is a GREAT STOCK, will change your life, it is not a

LOL. Actually it's quite a few tons of oil.  rate and reply
5 stars

RE:RE:RE:RE:great stock but

You are correct and I think the actual number is 370MM bbls. If I had bought when I first started following this, my perspective might be a little different. But now it has become a 4 bagger and I've...read more
3 stars

Momentum

Take a look at what has happened to the stock price since Glen gave his interview on bnn on June 19. On that date we closed at $.38. The following day we sold off on 6.9m shares traded to an intra day...read more
4 stars

Seems to be a lot of confusion

First you have Petroleum in Place,  which includes gas.  All explorations have this estimated using estimated volume and by estimating the flow characteristics of possible migration.  Worth nothing in...read more
0 stars

RE:RE:RE:RE:RE:RE:This is a GREAT STOCK, will change your life, it is not a

Hockeynut2 wrote: I've already seen the video and Glenn clearly states MAY have 500 million barrels and only 25% of that actually belongs to this company. Why do you insist on trying to mislead people...read more
0 stars

RE:RE:RE:RE:RE:RE:This is a GREAT STOCK, will change your life, it is not a

Hockeynut2....you are correct in your statements. Still 25% of a "conservative" 500M Barrels of recoverable light oil not original oil in place is still a ton of oil.  rate and reply
0 stars

HockeyNUT2, I do not mislead people, I never said that

500 million barrels belonged to PMI, I said the JV has 500 Million barrels, and most people on this board would understand that, save you.  rate and reply
0 stars

RE:RE:RE:great stock but

"You tell me.  Would you pay 3.20 a share for an exploration play?" Depends on the EV at that share price, the current NAV, the potential NAV additions and COS for those NAV additions. I will go out...read more
0 stars

RE:RE:RE:RE:RE:This is a GREAT STOCK, will change your life, it is not a

I've already seen the video and Glenn clearly states MAY have 500 million barrels and only 25% of that actually belongs to this company. Why do you insist on trying to mislead people? This may be a...read more
3 stars

Every time I watch this PMI video I am very encouraged

When you watch and listen very closely to this video, it is astounding. This is a VERY conservative group that has been very careful on its messaging.  The market has not fully reacted to the...read more