Introduction
PetroTal Corp. (PTALF) (formerly Sterling Resources Ltd.) is an international oil and gas microcap ($175mm market cap - no debt) domiciled in Canada and publicly traded in TSX-V and LSE.
Source: Yahoo Finance (CAD$)
Through its two subsidiaries in Peru, the Company is currently engaged in the ongoing development of oil in Block 95 with a focus on the Bretaña oil field. Additionally, the Company has exploration prospects and leads in Block 107.
Source: Q32019 MD&A
Why is it so cheap?
First of all, the negative sentiment towards E&P companies is extreme, as it