Replies to post #3606 on Petro Rio S.A. ADR fka HRPTY

[GusGold]

I left out another important buy signal...HRT stock is now universally hated by the buy high sell low herd

[powerwalker]

Gus, my point, though not articulated clearly, is JV's are all right in Brazil, but total 100% control is troubling.

As to your other points, glad to read you are positive as to the reasons for buying HRT. I think most of us on this board are still holding, regardless of the 2¢ fee forthcoming for the HRTPY owners.

[ogopogo007]

Wow...$300,000,000 in cash

but wait....Drill claims it's $140M in cash

LOL..yes I understand the bottom-fishers are here, trying to get their mobile home lot rent for the month.

Perhaps time to ask HRT IR...what about your dividend policy? Still valid? Time to pay back shareholders from earnings off Polvo now that HRT has moved from Exploration to Production.
MM was very clear about returning $$ to shareholders once HRT was a producer