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Petro Rio S.A. HRTPF

Energy Oil & Gas E&P
"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

Petro Rio S.A. > Bad news but.........
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Post by SLAPSHOT69on Jul 21, 2013 12:11am
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Post# 21620239

Bad news but.........

Bad news but.........IMHO..no sense in selling and walking away now.....Buggatti believes in the gas monetization....as do I and many others....the results from Wingat, although unsuccessful so to speak, prove that there is oil in the basin....also as per Credit Stupid's analysis...if we were to sell off ...the assets would bring the price between 3$-$9....read the detailed analysis from Credit Stupid for more details.Buggatti...what's your serious opinion.....be nice...we know about MM and this POS already..cheers

Slappy
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