The information on this Website is not reliable and not intended to provide tax, legal, or investment advice. Nothing contained on the Website shall be considered a recommendation, solicitation, or offer to buy or sell a security to any person in any jurisdiction.
CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@rackerI do @green. Funding was a bit of a surprise but explains the Dundee top pick rating, lol. Been watching it seesaw from 3.60-4.40, think it should be worth more but need help from oil prices, and for management to keep doing the right things.
click to invite
@green@racker think the last time they did a financing the stock got spanked too and then had a nice rebound but it took awhile.i have traded this 3 or 4 times in the last couple of years
click to invite
@newbieI have a small position as well, 1000 units bought around 4.10 and thought it was a decent price when I picked it up, didn't see this coming
@rackerGran Tierra Energy $GTE director Robert Hodgins adds 17,000 shares in the open market. The filing says he paid in the 2.60's, but the stock was trading in the 3.60's at the time of the trades, so it could be a mistake in the filing. See SEDI:GTE
@tommyGran Tierra Energy Inc. Considering Spinout of Peruvian Assets @marketwired/gran-tierra-energy-inc-announces-status-of-peruvian$GTE I've heard rumours certain insiders of Gran Tierra may be involved with the spinoff, while tonight's NR makes no mention of that. It does remind shareholders the assets are "non-core." Right. I'm a shareholder of this company with my guard up. GTE has been seriously underperforming.
@tommyBig catalyst/risk for Gran Tierra Energy $GTE upcoming. Potential for large flow rates, development opps, 100% owned. "Costayaco-28, Gran Tierra's first dedicated "A" Limestone horizontal well, which continues with testing expected to begin on or around March 15, 2017."
@tommyOronova Energy goes to Guatemala for gas and condensate development and exploration. Founder Jeff Scott says Guatemala is the next frontier in international oil and gas, the new Colombia. He brought Gran Tierra to Colombia as CEO a decade ago and its now a 30,000 boe producer, Oronova's targetted growth over 3-5 years. Roughly $90mm USD invested in their new play by previous operators. They're buying it for $66m in shares and $10m cash. $50 mil in financings planned. @newswire/oronova-energy-acquires-producing-gas-and-condensate$ONV$GTE