Warren Buffett has said: "We want to buy the companies when they are on the operating table."
One of the companies that has been on the operating table since 2012 is Petrominerales (OTCPK:PMGLF), and those investors who aspire to hit big returns must put it on their buying radar. After a severe stock correction from $30 in late 2011, the stock hovers at $6.14 currently where it is a screaming buy, as I'll demonstrate below.
Petrominerales has gone hunting on new frontiers since 1996 when it incorporated to explore and develop oil assets in Colombia. The company has since expanded into Peru and Brazil, where it is also seeking to develop unconventional tight-oil assets.
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