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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

Post by superoilhunteron Jul 20, 2013 2:06pm
442 Views
Post# 21619905

moral of the story here is...

moral of the story here is...if you see the CEO leave a few days before a major announcement.. you better follow and leave first then ask questions later.  I sold too late.. should of listened to my gut and took my own advice..  i got out at about .70-.75/share after results.. it took a long time to sell 100k shares in the pink sheets here in the U.S.. and took a 30% loss after 1st well results.   30k loss is better than 60-70% loss... saved powder to fight another day.  Good luck to all who will stick around for the long run here.. there is value here..just not sure how much.   For all those interested in a high value  high return within 24-48 months.. check out AOI ( africa oil) and WZR westernzaragos.  Both 5x-10x plays within 24-48 months.   No wildcats there.. just big finds getting a whole lot bigger and going to market with the oil or selling out.  Good luck all.  
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