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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

Comment by robnhoodon May 27, 2013 7:59am
198 Views
Post# 21444680

RE: Trading at Cash, Assets worth ZERO?

RE: Trading at Cash, Assets worth ZERO?

"

"at least TNK-BP & Galp Energia think it's worth their money"

TNK like a lot of others got in before they found nothing. They were caught up as well in the Brazilian boomlet. If TNK knew now what they would find they would likely not invest one cent.

Galp did not invest all that much for a large frontier oil company.

The rest of your post has a lot of "ifs" in it, and contrary to your thinking that all this stock needs is some more positive spin, --- that has been the problem with this company-- Too much over the top positive spin with mediocre to non existant results.
 

 

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