Seems we have similar interests in shares, DMX being the other.
50% of my portfolio is in Geodynamics. I got in on listing and tend to hold till the first bit of electricity has been sold.
PTR is in the same line. I have not yet bought in but am watching it closely. The management are tight lipped and very little info is available. My golf partner handles a peripheral service to their drilling program and has confirmed the detail in a resent announcement of theirs. The big issue based on some scan in the rock base they have hit does not have a shape that will allow efficient/effective fractures to form a reservior. They have 3 sites and will probably need to have another share placement before there is any great news. GDY got government grants while PTR had theirs turned down, may change with where the oil price is. But if they have the same success as GDY then 300-500% is on the cards within 2 years. I have also been told the share is tightly held so good news may lead to greater upside than normal.
PTR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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