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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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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. > Herte's what I just posted on IH
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Comment by buggation Aug 19, 2014 9:16pm
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Post# 22858200

RE:RE:RE:RE:Herte's what I just posted on IH

RE:RE:RE:RE:Herte's what I just posted on IHHood,

I use Fidelity and have had no problem buying or selling HRT since the RS.. You were not wrong to take a profit...like they say no one ever went broke taking a profit.  Right now HRT is still a dangerous stock...so far they have proved they can not find oil and have yet to prove they can increase production in a declining field.

I really like the idea of buying fields in decline, that the majors want to sell, because the productiuon is to small to bother with...a smaller player can increase production and make good money...Anadarko made plenty of money buying fields from BP

The other problem with HRT is the thousands of investors who lost a ton of money, and can not wait to get out at a price close to break even..so even if HRT proves they have the expertise to increase production there is going to be a lot of selling as it moves up.
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