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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

Bullboard Posts
Comment by gusgoldon Sep 26, 2011 11:46am
166 Views
Post# 19084113

RE: RE: Bazil Now Offically in a Bear Market

RE: RE: Bazil Now Offically in a Bear MarketI will admit I never wanted to own HRT. I had UNX when the management screwed shareholders in the stockswap with HRT where UNX got a lousy 700 million for Namibia leases at then HRT SP. If they had waited for Chariot Oil and postive results they could have easily got 2 billion from a oil Major and retained 50% ownership.  I sold at $10 and shorted HRT which is an overpriced hyped penny stock. The original UNX shareholders who got in at .26 will just break even when HRT beomes a penny stock.
Bullboard Posts