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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. > Value Play
View:
Post by VanWilder1 on May 31, 2013 2:11pm

Value Play

Downside at this point is minimal, even with assuming all Dusters in Namibia.   Total Asset values are much higher than presently reflected, and I for one believe we will get another Farmout partner here in short order, and good news in the next 4-6 weeks on the Gas Monetiztion plan.

Bought another 15K this am at $.60

Comment by oilme on May 31, 2013 3:05pm
Great article,bot somemore also
Comment by OilGold1 on May 31, 2013 10:09pm
Come on, why wouldn't you wait until it's under $.50 like Gusgold suggests? 
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