Petro Rio S.A. HRTPF

moral of the story here is...

[superoilhunter]

if you see the CEO leave a few days before a major announcement.. you better follow and leave first then ask questions later.  I sold too late.. should of listened to my gut and took my own advice..  i got out at about .70-.75/share after results.. it took a long time to sell 100k shares in the pink sheets here in the U.S.. and took a 30% loss after 1st well results.   30k loss is better than 60-70% loss... saved powder to fight another day.  Good luck to all who will stick around for the long run here.. there is value here..just not sure how much.   For all those interested in a high value  high return within 24-48 months.. check out AOI ( africa oil) and WZR westernzaragos.  Both 5x-10x plays within 24-48 months.   No wildcats there.. just big finds getting a whole lot bigger and going to market with the oil or selling out.  Good luck all.

[Drill_Deep,_Find_oil,_stay_calm]

Wow got exactly the same "free advice" from another Tard poster....but that Tard was posting...buy this stock...just kicked out mngmnt and the new mngmnt will do much better....at least a 3 bagger.....after a 48% div cut. Bottom fishing but the Yield has vanished.

[buggati]

drilldeeptard..if you had done any dd on pwe the div was cut by new management  because 10% was unsustainable if they want to dramatically increase production..still pays 5%. PWE is the largest light oil producer in Canada with 6 million acres and holdings in just about every light oil play in Canada and one of the largest holdings in seal a heavy oil play where 20% can be extracted without

[Drill_Deep,_Find_oil,_stay_calm]

Why would I buy a CDN stock listed on NYSE and see Uncle Sam take 30% of my div's? It's been managed so badly...their only upside hope...after div cut.....is to get bought out ! Check your furnace.....it's using all the oxygen in ur house

[buggati]

that's the whole point supertard..pwe gets bought out..they already have a chinese partner at seal..lets see..I can listen to a supertard like you or look at the fact that I am up over $30,000 in 2 weeks

[buggati]

"Why would I want to pay 30% of div to Uncle Sam"...first off supertard I don't pay any tax to Uncle Sam..15% of my div is witheld by broker for Cdn tax and Sam lets me take a tax credit....your logic is you would rather have 0% of nothing as opposed to 85% of something...what an idiot

[buggati]

superoilhunter..that is logical that the rats left a sinking ship but it could be mm was forced out by the hedgefunds. MM was a joke spending money like a drunken sailor..even flying in samba dancers to namibia before a pr event and this wasn't the first time..this idiot spent 800 million in the solimoes for a project that could have been completed for 300 million tops...it is just too bad