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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. > The Perfect Storm
View:
Post by gusgold on May 11, 2013 12:31pm

The Perfect Storm

A lot of speculation on why MM resigns days before the results of Wingat and HRT 11 are released..

My prediction..both Wingat and HRT 11 are DUSTERS...all hell breaks loose next week

Comment by WESTCOASTOIL on May 11, 2013 12:42pm
My prediction is Mello resignation is more to do with wider corporate issues. There will be good news on HRT-1 and/or Wingat and he is happy to sit on the BOD in the knowledge that he right on the drilling strategy, but does not want to give the company away to the likes of BP etc so is refusing to play ball but wants to stay to protect the interests of the company he founded.  He will be a ...more  
Comment by REBaller1 on May 11, 2013 1:30pm
Gus, why do you post here?  No facts at all. 
Comment by robnhood on May 11, 2013 1:59pm
"Gus, why do you post here?  No facts at all. " How about the FACT that the stock dropped from $10 to 97 cents. Pretty hard fact if you ask me.   Oh, and there is the other little fact that so far there has been no oil found. These facts are exactly opposite to the claims MM was making at $10.
Comment by robnhood on May 11, 2013 2:01pm
Forgot to mention the billion or so that the company no longer has. Pretty beeg facts if you ask me.
Comment by WESTCOASTOIL on May 11, 2013 2:18pm
My personal strategy is to stop listening to idiots talking rubbish and wait for the RNS. In addition I will be watching the marine traffic, volumes and price - - ahh yes - it went up 11% last Friday on huge volume. As for corporate strategy - the BOD have all the information - I have little by comparison - and you from observation even less. So I will leave the regional investment plans to the ...more  
Comment by robnhood on May 11, 2013 2:30pm
Watch the boats-- nice plan-- I see that you have been on this board for one week. You act like you know a lot about this stock. Pretty Intertesting for such a short time span.
Comment by WESTCOASTOIL on May 11, 2013 2:32pm
I have been watching you munchkins for a long time. Finally I gave in. Still no answer I see...typical de-ramper - no idea, no thoughts of their own.
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