Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

ARPETROL LTD V.RPT

"ArPetrol Ltd is engaged in the exploration for and development and production of oil & natural gas, and also provides natural gas processing services for third parties in Argentina."


TSXV:RPT - Post by User

Comment by schocoron Aug 29, 2016 7:57pm
214 Views
Post# 25189064

RE:RE:RE:News release out

RE:RE:RE:News release outThere is certainly risk here - and a fair bit. At risk - is the $2.5M held in escrow. It is in Argentina which is a country with like NO money. To think that they will simply let $2.5M OUT of the country is silly. They will cite lawsuits, environmental stuff blah blah blah. But they will fight us for every last dime of that money. God news - even with that $2.5 off the table, we still get $.55 cents. I proclaim there is no downside - but please do not bank on the $.59-.62 The additions to the accruals that they added to for the "closing costs" were a pretty big red flag in the most recent financial statements.
<< Previous
Bullboard Posts
Next >>