RE: RE: RE: Oil offshore west Afirca? Is this a quiz?
1) I have no idea how many shares MM has sold. I don't have access to Bovespa insider trades. I know he has sold a ver small amount in Canada.
2)Galp is spending 100 million. Pales beside the 1 billion that TNK has spent.
3) HRT as of 4th Q 2012 had approx 1 billion $BRL.
4) As far as I can tell HRT is trading right now at just about cash, but has a very high burn rate.
5) In this market? hard to say. Also depends on the size of a hit.
6) Putting your dough in a matress looks to be a better bet right now.
What is the prize if I get the answers correct?