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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 wallywillon Mar 27, 2014 8:41pm
241 Views
Post# 22379212

RE:RE:RE:RE:RE:Volume in Brasil Today

RE:RE:RE:RE:RE:Volume in Brasil TodayHood, that I fully agree with. HRT is worth far more than what the stock is trading at and has been for quite some time now. Dispite the missed drills when under the direction of Mello, the worst decision that management goes back to when they did a stock split. This allowed easy the hedge funds to gain control of the stock and ultimately the company. They depressed the price far beyond what it should have. The constant bad press that was issued from the same sources gave the impression that that any assets that HRT held are worthless and all of the money was all gone. This was done all along knowing that any liquidation or sale of the company would bring them huge profits.
They tried to gain control of HRT not to run an oil exploration company but with intentions to liquidate it.
Still hoping the future is better for us.
GLTA

Wallywill

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