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Bullboard - Stock Discussion Forum 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 Discussion

Petro Rio S.A. > What a fantastic run up
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Post by Drill_Deep,_Find_oil,_stay_calm on May 03, 2013 2:53pm

What a fantastic run up

UNZFrom 70 cents to ~$6With lots of trading opportunities along the way..Freak....we weren't even turning a drillbit then..Now with the current beat-up HRT special....with 2 drill turning, 2 heavy-weight partners....what's not to like here?.Is Wingat a duster? We'll find out in a couple of weeks when drilling and downhole logging is complete >
Comment by robnhood on May 03, 2013 3:14pm
What we are seeing here Mr. Drill Deep Find Oil, is that he is 0 for 10 on the finding the oil part, and burned through over a billion dollars on the drill deep part.
Comment by robnhood on May 03, 2013 3:17pm
And I should add that the rest of the cash stash is now being bet on the drill bit. Failure in this environment means that HRT will most likely be finito.
Comment by gusgold on May 03, 2013 3:40pm
Not over if MM finds oil in the solimoes...namibia was never figured into the share price on the way down..oil in the solimoes and dusters in namibia and the sp price shoots up
Comment by robnhood on May 03, 2013 3:43pm
Oil anywhere except in DREAMS and the price will shoot up.
Comment by robnhood on May 03, 2013 6:35pm
Not one person or fund bought into the IPO or any other time into this stock on gas.  I said at the very first hole that gas would not cut it. If I only knew how right I was.
Comment by OilGold1 on May 03, 2013 7:14pm
Just got in, what the H*ll happened ???
Comment by gusgold on May 03, 2013 7:29pm
It is now a story of what happens first...find oil in the solimoes or run out of money... there has been something like 18 dusters drilled offshore namibia since the kudu discovery...namibia is a joke and a pipe dream and HRT is about to finally kill the namibia hype
Comment by gusgold on May 03, 2013 7:33pm
Read some of MM's bs before the HRT IPO...he stated more than once the solimoes was 80% gas and 20% oil
Comment by robnhood on May 03, 2013 7:40pm
I know, but he really started to press OIL---- very high API rated as well...So good that all you needed to do was stick the nozzle in your tank and drive away.  Let's not forget that he also claims to have never made a mistake. He also stated that selling any found gas would be NO Problemo-- hmmmm
Comment by robnhood on May 03, 2013 7:55pm
"Just got in, what the H*ll happened ???" As far as I can tell from all of the in the know geniuses on here, nothing/nada--- This is just an orchestrated tree shakin stock grab.  You know-- the guys who short it down to buy it up thingy----
Comment by Oiljars51 on May 03, 2013 8:18pm
  gusgold, Do you have a petrophysics or geology major or training? You seem to speak with some certainty that no oil will be discovered in Namibia. Have you seen something on the HRT seismic or previous Namibia well logs that give you confidence in your hypothesis or are you basing this on antecdotal evidence? I am just curious how you arrived at your conclusions?? Personally, I believe the ...more  
Comment by robnhood on May 03, 2013 8:27pm
22 wells, 26 wells-- Nah, not--  This guy presented himself as DIFFERENT.... He knew where to drill-- Now we get nonsense like " doesn't everyone know that oil exploration takes time and risk--- Bahhhhh
Comment by Oiljars51 on May 03, 2013 8:34pm
I don't know of anyone that good. You can drill a dry hole in the middle of a known field. You know as well as anyone ,they all spin it to sell it. Our job is to separate the BS from the known facts and the unknown variables. 
Comment by VultureTrader on May 03, 2013 11:12pm
robnhood and gusgold have made everyone's investment here a confusing clusterfluck for the past year-plus...thank's, meatheads. I for one am tired of your constant BS. If your measurement of this investment is accurate, well kudos to youse guys...expect you shorted it ALL the way down! You Mo-Fos. Myself, I am holding til the rubber hits the road. I am all-in, awaiting the results. Only ...more  
Comment by BroStart on May 04, 2013 3:04am
Well said Vulture ~ I personally am staying afloat with a few lucky timing of getting out and back in... but to be honest, the only advice I wish I had taken was when Byron King said, SELL AT $6.00, JUST BEFORE THE BUYOUT, consider the share split since then and at that price.. DANG, that was a huge difference.  Now I would rather hang on for the chance of Mello coming through on his word, as ...more  
Comment by VultureTrader on May 04, 2013 8:38pm
Bro, After HRP made the offer I did sell half my UNX position, and when it started to fade I sold the rest. But I kept 500 shares, just to keep me attentive. I lacked the courage and attention to get in-and-out. During the month of April I doubled and doubled and doubled down again...then I bought some more. Not shorting (wish I had!)  This has been too much of an unpredictable play. I figure ...more  
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