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Post# of 69954
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nsomniyak

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nsomniyak

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Re: Crawfors post# 64785

Wednesday, 07/06/2022 1:40:41 PM

Wednesday, July 06, 2022 1:40:41 PM

Post# of 69954
I think it is a good thing that HNRC is doing the corporate asset house-cleaning needed to be truly focused on oil and gas (I am including the wastewater disposal assets as part of oil and gas).

However, the spinoff is going to consist of a garage sale of assets from HNRC's previous businesses. Investors probably aren't going to want them for the same reason that HNRC doesn't want them - collectively, they are a hodge-podge of stuff with no critical mass in any particular sector.

If I could afford to buy all of them, I would not need to buy any of them and I sure wouldn't be spending time on the message boards!

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