Thursday, July 20, 2017 8:42:37 AM
This is an utter waste of time unless the world's oil supply dries up.
and as supply goes down, price goes up, shale oilers drill and extract....then price goes down again. Rinse and repeat.
I'm not being doom and gloom - this is actually our reality.
Take a look at some of the other oilers in Australia - Beach, Santos....look at the number of leases they have, actual production, etc. and then look at their stock price, if you dare.
2018 will come, HENC will drill ONE well......and very likely will find that precious H2O.
I've said it many times (not that I know a darned thing), we are probably on the wrong side of the oil fairway.
Recent HENC News
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 11:04:16 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/16/2023 11:02:27 AM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 08:06:44 PM
FEATURED Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM