$Colombia and Latin America - GTE, same old.... - $Colombia and Latin America - InvestorVillage
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Msg  12113 of 12255  at  2/27/2020 5:08:53 AM  by

Darcyslaw


 In response to msg 12112 by  Greekabago
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Re: GTE, same old....

 Yeah, they never fail to disappoint...
 
I am starting to loose interest for GTE, I sold 40% of my holdings earlier this week, and GTE is now less than 3% of my portfolio. The disturbances in southern Putumayo are concerning, this could go on and on. What's to say it doesn't spread to Chaza as well?
 
Jury is still out on WI on Acor, no results yet of production increases, perhaps they will share some more intel in the CC.
 
I think this one is heading lower before it (potentially) gets better again. The only silver lining I read was the significant free CF directed to debt reductions, let's see if they can deliver on it. GTE needs much higher oil price than 55 to make the shop go round, probably sub 1 RR currently...
 


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