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Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."


GREY:HRTPF - Post by User

Post by BuyUrShareson Oct 11, 2013 12:42pm
271 Views
Post# 21810820

Always Buy Low

Always Buy Low.

Look at PFC

When you Have the Worlds 10 Largest Oil Producer spedning $170 Million on VSX Listed JR with a Market Cap of $12 Million and $10 Million Cash no Debt......you have the most Undelooked under the Radar Deal ever going into 2014

Best Deal ever in the Jr PETRO Space

STATOIL World 12 Largest Oil Co is Willing to Spend up to $170 Million Dollars onPFC.v J/V in next few weeks. Plans for first 5 wells being planned . Implied Value of Deal is $0.67 per share or 320% Higher Just on recent Land value alone. PFC is Trading Near Cash...The first $50 Million of Drilling is GUARANTEED...and is going for FREE ! Where can you get such a deal...No Where.

PFC.v $0.16 (Market Cap $12M...w$10M Cash) is going to Have STATOIL Drill up to 5 Wells $50 Million Dollars on PFC's 14 Million Acres Properties. DEal could extend to $170 Million Drilling 16 Weels into 2017

RE:Implied Value of Todays Confirmed Deal $0.67 per share

Presentation:

https://www.petrofrontier.com/en/presentations/pfc_agm_sept_26_2013_presentation_handouts.pdf?PHPSESSID=q6hgkvrqa8edv9im60mns8pq05

STATOIL Deal Values PFC @ $0.67 per share 320% Higher than the rediculous market Valuation provided in this October Marketplace




Read more at https://www.stockhouse.com/companies/bullboard/v.zen/zenyatta-ventures-inc?postid=21810816#o2eKOGd5lv7ByLws.99
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