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Re: tchauncy post# 6648

Thursday, 04/09/2015 3:12:06 PM

Thursday, April 09, 2015 3:12:06 PM

Post# of 25798
Hello tchauncy,

It's good to see you back again on the board, you originally led me to this stock a very long time ago. It's always great to read your input.

Like everyone here I own both stocks but I'm betting the most upside to be had will be with TGC.
My theory: I'm guessing TGC will sell another % of their acreage to end up with around 35% of both PEL's. Perseville will also pay it's portion of the drilling costs (so that accounts for 1/3 of the costs).
The share structure of TGC is also 15% smaller so together with a higher ownership % then for me it's clear TGC looks more interesting then HENC.
The currency issue now looks to be a big benefit for HENC but this is not set in stone and will change depending on macro economic conditions.
Like I said, I own both and I'm counting on both to make a healthy profit.