Web Site : http://www.petrolatinaenergy.com


SUMMARY of PELE as of 24th Jan 2008, please see post 190 on page 10


Link to Page 10 of posts

Is the price being forced down to encourage buying, or are they letting institutions in.

Looking strong, and still at this level very undervalued.

As always, value will out, so just a case of being patient.

From AFN :

blackbear - 21 Dec'06 - 11:52 - 885 of 885

Robin Amlo from Moneyextra.com speaks of Petrolatina on winnifred T.V , another bullish analyst with more credibility than most.

Small Audio file

http://homepage.ntlworld.com/susan.shirley1/tu/pic/robinamlo.pele.wav

Hi PP.

I see you have an interest in here, normally I would look deeply at this because of your interest but this has been heavily ramped on many threads by some idiot on ADVFN.

I therefore abstain.

If anything needs to be ramped so much, there has to be an ulterior motive or reason, and I deduce the unramped ones bear the research you are obviously doing here.

I think the ramping has been a very big turn off over there.

You must have seen it and despair?

Hi PP, from t1ps - EK's diary. Simon C has had a recent telephone conversation with Greg Smith, is re-assured and remains long, as do I. :-)

Thanks silvermede.


Do not forget to get your 5 top picks for 2007 into the Stock Challenge competition.

Link below, click on the "Entry Form" tab, and then "2007 Annual"

http://www.stockchallenge.co.uk/sc/index.htm


Happy New Year to All

Hi again PP, just seen your link for silvermede about stockchallenge. Hope you dont mind, but I'd never seen or heard of this before, so I've used it and entered both Jan 2007 plus annual 2007 for a bit of fun.

oilrag, its a fun competition, free to enter and with a prize for the winner, so welcome to playing that.

I normally do crap on it, as the spreads I have to make up on the monthly challenge can be challenging (sometimes its best to pick stocks with a minimal spread percentage on the monthly competition). However, hoping for a good run this 2007 competition.

PP, Thanks have entered the 2007 Annual Comp. Good Luck & Happy New Year!

Hi, PP and silvermede, just checked on stock challenge and unless people use different handles for these comps then we are the only three names that I recognise. There are 350 entries in the annual one and 200 in the January one. Good luck to you both, What do you think your prospects are with your entries?

Hi oilyrag, nice to see PELE start with a bit of blue.

I am hopeful this year, but of course, anything can happen, including wars and market meltdowns, so at this stage best not to make any predictions :)

Thanks to PP I also have entered the annual 2007 stock challenge.
2517

Well, we should all remember at this stage that the Atzam-2 workover was the most likely to fail of the three (being Atzam-2 workover first and then Tortugas-4 and Tortugas-5 still to come).

So while the price may be rising in anticipation of news, there is a good chance the news coming will be of failure at Atzam-2 ( however of course it could be news thats its been a success, which would transform the outlook of PELE somewhat ).

Hi all, as the song goes, it aint where you start, its where you finish. Some large spreads to overcome but then we must all be fairly confident for the rest of the year in our selections. PP, you and I have three out of the five selections identical.
We must have similar portfolios and targets in mind.

Lets both hope those targets become actual prices then :)

Would be nice.

1 MM up so far today on L2.

Its now 2 v 1 @24/26.5

Actual is :

KBC 24 SEYP 26.5
WINS 24 CANA 28
SEYP 23.5 WINS 28.5
CANA 23 SCAP 29
SCAP 22 KBC 29

Hi PP, just posted a new thread on TMC regarding institutional investments. Would be intrested to know if you know of any more that I may have missed.

Hey mr. blue sky. Nice jump.

LONDON (AFX) - Buyers pursued Petrolatina Energy, 3-1/4 pence better at 27-1/4, after the company upgraded estimated resources at the La Paloma oil field in Colombia. It suspended work on the Tortugas license in Guatemala, however, after failing to secure the consent of the local government.

La Paloma is now believed to be holding unrisked recoverable resources of up to 90 mln barrels, up from the initial estimates of 20 mln barrels, said the group in a statement.