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Petroamerica Oil
Symbol: PTA-X
Active: Y
Sector: oil/gas
Last Price: 0.130
Last Price Date: 2012-05-24 01:14:58
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Experts who have talked about Petroamerica Oil

HOLD0.130Eric NuttallThis 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.2012-01-24
Comment0.140Eric NuttallMicro cap Colombians are totally out of favour in this market right now. Had a string of dusters.2011-08-16
HOLD0.135Eric NuttallThey 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.2011-06-08
DON'T BUY0.200James HodginsCurrently 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 time2011-04-21
HOLD0.225Eric NuttallWas 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.2011-04-13
PAST TOP PICK0.500Eric Nuttall(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.2011-02-09
BUY0.570Eric NuttallBeen quiet, awaiting closing of an acquisition. Likes it quite a bit. Management is quite experienced.2010-12-14
TOP PICK0.405Eric NuttallPure 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.2010-10-27

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