ARPETROL LTD V.RPT

Congratulations Longs

[JRParker]

I know many of us have held a pile of shares for a long time - over 2 years myself - knowing that the value of this company would eventually be realized. The sale is less than we once hoped but still a fantastic profit and an opportunity to reinvest elsewhere at the bottom of the oil market. No longer have to cringe when I look at my account! I'm going to open a good bottle. Cheers.

[DocPat]

It is certainly a win and though not the $2.00 I was hoping for, the rest of the market is down proportionally and so time to redeploy .. Any thoughts on one should put their money?? .. Vermillion, Crescent Point, Valura??  Doc

[JRParker]

I really like Surge energy - good balance sheet and great low cost reserves. They will have no problem surviving the downturn, but they may have to cut the dividend if the price of oil does not move above $50. I may wait for a dip in the price of oil. Cash is a pretty good place to be now. I may also put more into Madalena Energy - a buy-out seems inevitable and its almost debt free so will not

[dangerousjd]

I have held for over 2 years as well...and 60 cents was not my target.. Not even close. This plant itself should be worth close to a dollar...enter macri and Argentina was on up and up...I don't know..trying not to be greedy but I feel like we're giving away alot of value