Houston Natural Resources Corp (HNRC)

[Melly Mell]

Alone, you probably wouldn't mind a share repurchase if that were to happen.


They would as Lou mentioned, essentially offer you market price, or an even more attractive offer for your held position. In most cases the offer is above market price, but under valued price.

For example, WNTR's pps per last #'s , is valued at about .04. They could offer you .02 , which is attractive to some, or they could just buy shares at market price like any of us. I'm personally a long, waiting on divs, and long term benefits, but also a chart player, and trade my none core holdings in between, which usually adds to my core in the end.


Figure, if WNTR admin knows shes about to be worth $2.+ a share, I'd initiate a share repurchase also, just a wise thing to do among many.

Ultimately, this isn't State Farm, but I believe we are in good hands, and any decision made to get the pps inline with its future standing, will be welcomed, and appreciated.

Just a little roller coaster side right now, if you hold on, IMO , you will be ok.

Time will tell everything.

WNTR