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Re: vtbound post# 15214

Thursday, 07/05/2007 8:41:44 AM

Thursday, July 05, 2007 8:41:44 AM

Post# of 51429
That is a great point. Even though luce is a reporting company, they do not compare better than hmgp.
Proven reserves. Luce 1.58 mil, hmgp 2.15
Debt Luce 2.3 mil, hmgp 0
Shares Luce 29mil, hmgp 50mil
price Luce 2.35 hmgp .21

Given hemi has about double the shares then the price should be half of luce. Reporting is only one issue, some investors just will not look at pinks. If I saw this and was currently invested in Luce I would be able to buy eleven times more shares of hemi, which is fundamentally stronger.

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