Tag Archives: HRT Participaoes

2013 Turkey of the Year: Dry Holes in the Ocean

Fanfare, please! It’s time, once again, for the Turkey of the Year announcement! Every year, as millions of American families place a golden-brown turkey ceremoniously on their Thanksgiving table, we here at Stock Gumshoe try to pick out the most overcooked, overyhyped, and overstuffed turkey from among the hundreds of stocks we’ve written about in […]

Stop-lossing out of an explorer

This is just a quick note to let you know that following HRT Participacoes’ (HRP.V HRTPY) drilling results announced this week, I’ve let my shares be stopped out at about a 25-30% loss. The drilling results were clearly at least somewhat disappointing offshore Namibia with the assessment of “found oil although not in commercial volumes” […]

What’s going on with HRT Participacoes?

Irregulars may remember that HRT Participacoes (HRP on the Venture Exchange in Canada, HRTPY on the pink sheets) is a bet largely on Namibian offshore oil exploration — the Namibian exploration they’re doing has been teased for a couple years by Byron King, though the teasers previously pointed toward the junior explorer that HRT bought, […]

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