Petro Rio S.A. HRTPF

Stick to facts

[BroStart]

I think the ones that have owned this stock for a long time (over at least a year or more) Still believe in what it is holding, and that is Namibia.  I will say it again and again, that is why anyone that has been around for long bought into UNX.  It had nothing to do with Brazil or HRT, because at that time that was not something to even consider.  And to sum up everything that has happened since then, the market overall has been terrible, the economy overall has been terrible as well as the Brazil Dollar, those things do have a huge effect on the SP, but with that said, the SP has went down considerably, and let's take a quick look at why (excluding the above mentioned), spent lots of cash, didn't find what was expected... it is that simple.... now the positives, since the "merger" HRT fulfilled or at least the majority of what they had to do to secure those blocks, they have found a partner (albeit not SIGNED yet) that can keep them afloat for a long time, and they still have money.  A lot has happened that has made the price go down, but with a signed and done deal and some news on NAMIBIA, we can go back up.