InvestorsHub Logo
Followers 25
Posts 832
Boards Moderated 0
Alias Born 02/26/2007

Re: Sckorpleo post# 4947

Friday, 08/29/2014 12:14:02 PM

Friday, August 29, 2014 12:14:02 PM

Post# of 25813
They will easily reach a 2 billion mkt cap. One drill area alone they gave a P90 to which is about as good as it gets that theres at least 25 to 30 million barrels of recoverable oil there and thats on just a few thousand acres.They basically have no debt.Sennex and some others just a few days ago paid 103 million for a property right next door to 112 for gas and oil. Oil deals dont come alon like this very often. Ive been in two others BEXP .43 to 38$ and they had 600 million in debt took 1 1/2 years the other is RRX on the tsx exchange under a 1$ to 11$ over the last 11/2 years and they have borroed tons of money. My point is that even oil companies with debt go sky high, HENC has no debt and really doesnt have to take on any, This deal is so undervalued its not funny.!