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lowman

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lowman

Re: gtv post# 18937

Wednesday, 08/08/2007 7:48:49 PM

Wednesday, August 08, 2007 7:48:49 PM

Post# of 51429
Nothing personal, but I disagree. xtrapink recently posted a valuation on HMGP pps drawn from known factors (o/s, proven reserves) which can be used to determine FMV.

Whether HMGP is currently trading at near 1/15 of his estimation, or only 1/12 or 1/10 is irrelevant. That there is no rational basis for why HMGP is trading so cheaply, is what is important.

L~



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