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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: CommanderCricket who wrote (171621)8/7/2012 1:11:29 PM
From: architect*3 Recommendations   of 206173
 
Gran Tierra's GTE - mid-year reserves report added about $1 / share in NPV 10%. Lots of 2012 reserve value upside for GTE in H2 2012 from Ramiquiri discovery and Moqueta 7 -8 appraisal. GTE's production capacity is at an all-time high, and the unproduced oil, (due to terrorist activity) didn't disappear. Its money in the bank, as much of Costayaco is 1P producing reserves and Brent oil prices are rising again.

GTE has plenty of working capital.
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