Hemi Energy Group Inc. (fka HMGP)

[lowman]

Another good post. Thank you, kelseyf. To that, I might add, the majority of Longs here have faith in an overall business plan which actually goes much further than the newbie has any idea of.

The business plan goes much further than just acquiring attractive, producing leases. Has anyone stopped to think that maybe, just maybe, with all the leases Keith has thus far locked up, maybe one day soon, he will announce a bought and paid for (with cash, from shares) drilling rig?

What would THAT do to the pps in one day, knowing how crippled so many of these micro O&G companies are, with drillers and their precarious schedules? Same goes with a cementer...a critical part of the process?

Now, granted, the marketcap (my figures tell me approx. $6M-$7M) may seem a tad high from the revenues perspective, from another perspective, it could easily be argued that it is extremely low, if we simply factor in the INDEPENDANTLY DRAWN, THIRD PARTY reserves report.

(Might I remind some people that CTUM has absolutely NO revenues, yet currently has a $36M marketcap, primarily because of the perceived value of their assets).

Just because we can't see, taste, smell, and feel the oil, doesn't mean it's not there. Banks will still loan money on reserves report such as Hemi has had drawn, and not that Keith intends to take out any financing, just that fact, lends credence to why the marketcap can easily be perceived as being extremely low.