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Petro-Victory Energy Corp V.VRY

Alternate Symbol(s):  PTVRF

Petro-Victory Energy Corp. is an oil and gas company, which is engaged in the acquisition and development of crude oil and natural gas resources in Brazil. The Company holds working interests in 38 licenses on approximately 257,604 acres in two oil-producing basins in Brazil, namely Potiguar Basin and Barreirinhas Basin. The Potiguar Basin is located in the eastern portion of the northeast region of Brazil extending through the states of Rio Grande do Norte and Ceara. The onshore sedimentary area of the basin covers an area of approximately 7.5 million acres and the basin extends offshore from shallow water to ultra-deep water. The Barreirinhas Basin is located on the Brazilian equatorial margin on the coast of the state of Maranhao and covers an area of approximately 2.5 million acres onshore and extends offshore from shallow water to ultra-deepwater.


TSXV:VRY - Post by User

Bullboard Posts
Comment by fortfryon May 06, 2017 2:22pm
38 Views
Post# 26212618

RE:RE:RE:From BMO capital markets reserch

RE:RE:RE:From BMO capital markets reserchWisee what  for example would a big piece of pastureland be worth with a huge gold deposit underneath if the gold was yet to be discovered and the farm was already mortgaged to the hilt? The answer is nothing right now. VRY is about whats going to happen not what already has happened. All the current shareprice means is a cheap entry point and this counter speculative as we know the assets are already in place. The bet is about the timeline for production. One can only guess how many 1 cent shares you are trying to accumulate. No doubt at 5 cents wisee will be long gone as he sold too soon
Bullboard Posts