Since we first wrote about Petroamerica Oil Corp. ($PTA.v) on August 16, shares of the Calgary/Bogata-based oil and gas junior have risen over 50% to 52-week highs (chart). Obviously something is up so we decided to take a closer look to see why shares in PTA have more buyers than sellers. What first attracted us… Continue Reading
Teenage angst – The implications of China’s slowdown. Economist Chinese Outbound Foreign Direct Investment Faces Rigorous Scrutiny. China Briefing How China’s Approach Beats the West’s in Africa. HBR Institutional investors quicken shift to alternative investments. Pensions & Investments Mohamed El-Erian: Back-to-School Letter to the US Congress. Project Syndicate Cash-flush Canadian banks shop for acquisitions. Globe and Mail Multinationals Stake… Continue Reading
QOTD: “Under promise and over deliver is smart. Over promise and over deliver is talent.” D’Arcy Stuart, Odgers Berndtson Kansas Farmers Prepare to Plant Winter Wheat in Driest Soil Since 1991. Bloomberg Carlyle Group to Buy DuPont Unit for $4.9 Billion. CNBC RBC, CIBC and TD hike dividends as profits surge. Financial Post. 18 brilliant… Continue Reading
Reformed Calgary/Bogotá-Based Oil & Gas Junior Hits 65 Feet of Colombian Pay And The Market Responds Featuring commentary from Frank Giustra, Jeff Boyce and Ralph Gillcrist, three key stakeholders in the company, Petroamerica Oil Corp. Caution: See PTA’s Foward Looking Statements. Jump to audio. It’s been a tough ride for Petroamerica Oil Corp. (PTA) shareholders,… Continue Reading
There was a 13.8% move upwards today in Petroamerica Oil Corp., stock symbol $PTA.v (bigchart), a company backed by well-known resource investor Frank Giustra. After market a news release came out that suggests PTA.v could have legs: Petroamerica Provides an Update on the Las Maracas-4 Well Results and Las Maracas Production, Colombia. More to come… Continue Reading
Foreign Purchases of Canadian Securities Reach Record. Bloomberg A Yahoo Search Calls Up a Chief From Google. Dealbook Contrary Indicator. The Globe’s hatin on mining stocks. Globe and Mail Otto Rock, Keir Reynolds and Callaghan himself with more on BarkerVaudeville. Enbridge brand can be repaired: analysts. Financial Post Four Reasons the Hedge Fund Industry Is… Continue Reading
