ARPETROL LTD V.RPT

Rampart Ventures

[glenstocks]

I haven't checked on this stock in a while and I noticed today that it has gone from 1/2 cent to 34.5 cents. What caused this huge increase in stock price? 

Did they get that drill unstuck from the ground in Argentina?

Thanks,
glenstock

[JRParker]

There was a 25 to 1 share rollback in June. They have been earning positive cash flow from improved gas processing plant revenues so working capital is improving. The last quarterly update and new corp presentation on website have information on their intention to unlock shareholder value through possible sale of assets, JVs or other transactions. So there could be something in the works. Next

[TheRock07]

quarterly should be released perhaps as early as Wednesday. This is a step function investment. It will slosh around well below its hard NAV until the major development event is announced. The move to $1 could be as short as one or two days..