Petro Rio S.A. HRTPF

Landmann...MM Knew in advance about the Dusters?

[gusgold]

You mean the cheerleaders had no influence..you are not backing up the truck..momomoney said it is only money and now he will live up to his name

[landmann]

This will be my last post beating up on this company (which is too easy to do, today). But, to put it into perspective, a rough calculation shows that HRT could have bought maybe 16+ million barrels of oil for the cash burnt so far .

[gusgold]

Now the cheerleaders are putting a positive spin on sp of $.68...looks like good support..yes except for the small fact thatt it has gone from $10 - $.68..this is no mans land no way to recover from here

[DrillaHill]

The biggest cheerleader in the house is you gus! one time long then again short GL anyway

[Svet]

Say what you will about gus but he told everybody in August 2011 to bail at $10 because this thing would undoubtedly tank.

[nobbijogging]

Gus; we know the $ 10 story. Tell me something positive !!

[DrillaHill]

Of course he did, he went short,  he was nothing but  a nonstop cheerleader and  got it right, tough luck nothing else...  

[gusgold]

I am not short..wish I was..the real problem is HRT is running out of cash...the bet now is which comes first...find oil or run out of cash..my bet is they run out of cash and have to sell out for peanuts...that is why MM resigned...he saw the hand writing on the wall and was dumping before the dusters...seam is not the enemy they changed the board because they see the coming train wreck

[DrillaHill]

The point is you are cheerleading the direction you would like the price to go, ok you say you're not short, then you are looking for a cheap entry to go long again? and cheer the price up?, looking forward to murombe?, gas monetization?,...  

[gusgold]

The only positive I see is the possibility of more farm-outs in nam and the solimoes..in fact if no deep pockets appear in HRT's nam leases then the so called source rock is just more bs