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Petromanas Energy Inc V.PMI

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

Price: $0.06 | Change: $0.00 | %Change: 0.00%
Volume: 676,560 | Day High/Low: 0.065/0.06 | 52 Week High/Low: 0.40/0.045
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1 star

I am a realist as well, and I find hard to be negative,

about PMI. First and foremost, oil has been found in Blocks 2&3,can this very important fact be ignored. As to future financing, this will have to be based on the future value of the Blocks, and I...read more
0 stars

RE:Why translate everything in a negative way??

Yes stockeditor I would agree with that post. I think I mention it before I am a realist and I do not wear rose coloured glasses. I try to see it how it is rather than try to read something into it...read more
1 star

Why translate everything in a negative way??

PMI, is not interested in a fire sale. They would like to see a French JV partner come along to increase their cash position, and a bump in the stock price. Then they might make themselves available...read more
0 stars

RE:RE:Frank Giustra, is not going to let this project get away

Show me what % of Shell projects are they 100% in?  rate and reply
0 stars

RE:Frank Giustra, is not going to let this project get away

I think not, only for the reason they had an opportunity when  the data room was open to make that offer and choose not to. Like you I thought they would also take them out at that time but it did not...read more
0 stars

RE:RE:Frank Giustra, is not going to let this project get away

good40Shell made no attempt to purchase the remaining 25% before the data room opened for potential purchasers. [/quote wrote: So?  rate and reply
3.5 stars

RE:Frank Giustra, is not going to let this project get away

I would think not stockeditor. Shell made no attempt to purchase the remaining 25% before the data room opened for potential purchasers. Oil price at the time was about $90/bbl. Shell knows better...read more
1 star

Frank Giustra, is not going to let this project get away

from him. He knows that there is a lot financeable in Blocks 2&3, and the money will appear sooner or later. Get ready for a friendly take over by Shell at a substantial premium.  rate and reply
3.5 stars

RE:RE:The CEO said that we have 500MM barrels recoverable,

Not to mention Glen never said "We have 500 MMbbl"... he said "We can have". They need to prove the commerciality of the reservoir. Stockeditor you keep misquoting him... but whatever helps you sleep...read more
0 stars

RE:Ask yourself the Question: What if they bad used the

Billionaires are funny people. Sometimes members of the lonely hearts club. They can't trust many people - knowing it's all about money. Guistra and a few other wildcats invested in both Petromanas...read more
1 star

Speaking of M&A activity in the OIL SPACE, it was said

Steve Goodman, head of energy at Egon Zehnder, said…………….Goodman says deals are most likely to come in the exploration and production space, as major companies strive to reduce their cost basis...read more
3.5 stars

You guys better check out STO

Insiders have bought millions of shares and have the best pedigree in the industry  rate and reply
1 star

Ask yourself the Question: What if they bad used the

3000HP RIG, to drill S2 and M1. The stock would have held its value at a much higher value than Six Cents. What that means is, that its because of "Human Error" that the Company is going through this...read more
0 stars

RE:The CEO said that we have 500MM barrels recoverable,

It's not a matter of discomfort. Until that oil is in barrels, shipping to consumers, the greater points remain unresolved. There has never been a stampede in Calgary without at least one horse.  rate and reply
1 star

The CEO said that we have 500MM barrels recoverable,

what is so uncomfortable about that???  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:This was taken from Company's Web Site:

@ LordIskander - To answer your question although its none of your business, I am NOT short nor do I short stocks. I am a firm advocate that shorting should be banished or not allowed. If for any...read more
3 stars

RE:The OBJECTIVE of exploraation Companies is to find

Clearly, there's more in the soup pot than just soup and beans. Petromanas, and its management are keenly aware the stakes. Otherwise, why would they be worried about some other entity nominating...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:This was taken from Company's Web Site:

@ Stockeditor - I am a realist. I am not in the promotion business like so many here. Unfortunately I call it how I see it and presently in my due dilegence things are not rosy here anymore so why...read more
0 stars

Lets pray together..then....

..our lord....glenn  rate and reply
2.5 stars

RE:RE:RE:RE:RE:RE:RE:RE:This was taken from Company's Web Site:

Nonsense, go back six months and check it out!!  rate and reply