PTA.v/PTAXF +.01 to C$.32 PetroAmerica creeping up lately. No news but if production climbs to 7,000bpd net by year end, this will be selling for just over 1X fwd cashflow. Very cheap.
They are planning on 3 more wells in the same area as the 3600bpd well they announced last month. If they hit on 2 out of the 3, production should get a major boost.
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If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE