Petromanas Energy (PMI.V) is a name that we have been following for the past couple of years. Things have begun getting exciting recently and the chart is suddenly pointing to a potentially highly significant breakout:

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PMI.V_Weekly_5.20.2014

An updated independent resource report could be the next catalyst to send PMI shares to fresh multi-year highs. In early March the company's CEO indicated that PMI was planning to have such a report during Q2 2014:

"With the positive data we have on the Shpirag-2 discovery and additional seismic becoming available on Blocks 2-3, near-term next steps include obtaining an updated resource report generated by an independent third party in Q2 2014 and completing the drilling and testing of Molisht-1 in Q3 2014."