You're obviously making sense on all points. My take-away is this:
Things happen. We all know it. Often they aren't pleasant. We know.
When Ray came on the scene, Neil Moore was absolutely ecstatic. It was his opinion that HDYN (nee HDY) could not have done better. I was engaged in SCS work when he came in and told me of Ray's election. His comment was: "How'd they ever get him?" He was beaming.
I'd bet anything that Ray never saw the road bumps until they were devouring his soul. So many potholes, so few resources---it is a miracle that he's still around, given the seemingly insurmountable difficulties distracting and also costing in countless ways.
Tullow---I seriously doubt the company is playing games. There's nothing to be gained whereas early drilling might contribute magnificently, should a mammoth be in the offing. That could go far in justifying the expenditure on their end. And it would serve notice that Ray has survived the worst imaginable circumstances and turned terrible odds into providential returns.
Ebola killed thousands. I read that report---I think you posted it. How utterly horrible! I don't even know anybody afflicted by that terrible disease, I am so well insulated. That has me thinking about how very fortunate we are, here in America.
HDYN does need some luck that proves to be better than any we've gotten over recent past years. I shudder to think about the look on Ray's face when he sees pity on his wife's face upon arising from a night of difficult sleep. I'd hate to carry his burden.
What we're left with: A decaying share price, questionable activity all around us regarding Tullow's motives and the eventual release of critical information on drill- schedule guidance.
At the same time I picked up shares yesterday at $1.20 and again this morning at $1.10. It's not meaningful in terms of money at this juncture as I have no intention of selling yet. But I bring it up for it clearly delineates the stunning opportunity we have now to participate in what may become the oil find of the century. And for not much more than a dollar! We all got into this stock because we smelled opportunity. Well, Lady Luck dealt some bad-assed cards and Ray has been dealing with them as well as anyone might under such awful odds. So here I am---scarfing up shares on the cheap, convinced as ever that this will one day pay off.
Nothing will deter me because I believe in Bob Bearnth's and Neil Moore's legacy. And as disclosed awhile back, I made indecent gains in HDY three years ago---more than $200,000. I figure I owe something so I'm willing to stay on this bus, adding shares often.
I continue to believe things will work out. And if I'm wrong, I'm the one who will have been wrong, nobody else---not Ray, not Tullow---just me. But I remain quite hopeful.
