Petro Rio S.A. HRTPF

RE:RE:Can HRT Execute

[Bosslady]

If they do in fact have hundreds of millions of tax losses GeneFrenkle, then I would guess that they would be very valuable. If that is the case wouldn't it make them an attractive buy for Big Oil that's looking for just that? Shell and others have been acquiring licences close to where they drilled last year in Namibia, and from all the talk about more acquisitions there when you consider they now have no debt obligations????? When I look at some juniors that are truly shell companies waiting for a buyer to come along looking for a listed company with assets, the first thing you notice is they will all state this attractive fact of having no debt or financial obligations. The fact also remains that with the current interest in Namibia, the non commercial results they encountered may mean more than we are reading into it. Since that time there seems to be keen interest quietly gathering, and I'm sure these companies know more than we do??? But you are right Robn, the price is being kept down it seems.