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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 kaosblueson May 27, 2013 7:44pm
107 Views
Post# 21447162

RE: RE: RE: RE: RE: RE: RE: RE: RE: An answer to y

RE: RE: RE: RE: RE: RE: RE: RE: RE: An answer to y

Robnhodd:  If you are truly here to make money then there are a couple of things you had better wrap your head around.  One, wildcatting is a risky proposition no matter where in the world you do it.  If you are going to invest in companies that are pursuing it then you had best be prepared for some losses.  But of course you can also get some great gains. It does not guarantee that you will make money, if you want to do that then you should either invest in widgets or go and invest in CD's. The rate of success for most widlcat operations is about 1 in 12 drills.   But we know the odds here are more like 30 to 40% and probably now quite a bit higher with the rock analysis and the fact they found oil of Nam.  You keep spewing on about that it wasn't in commerical quantities, but my gawd what would you be like if they hadn't hit anything??? The second point is that if you are so certain it is a loser then why don't you pack up, sell what shares you have, if any, and get off this board.  I'll tell you why, because you are simply a basher who wants to scoop up more at 25 cents or some figure like that.  Gus has already let that cat out of the bag hasn't he?  Anyway, you make no logical sense, if you think this play is so dead in the water what the heck are you hanging around here like a bad smell for?The billions of barrels are yet to come and I will only say this once but read it clearly.  When they hit with those numbers I want an admission from you that you were absolutely dead wrong.  The only problem with that is that I would never get that from you because I know your type well. There will always be some phoney excuse. the interest in proving the hypothesis indicates there is oil down there and most likely in huge quantities.  Are you being thick on purpose or what?

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