InvestorsHub Logo
Followers 2
Posts 863
Boards Moderated 0
Alias Born 03/09/2007

Re: lazyeye post# 25990

Wednesday, 11/21/2007 8:14:20 AM

Wednesday, November 21, 2007 8:14:20 AM

Post# of 51429
And another point. KAA has stated, and it is the practice within this industry, when hmgp is sold off to a larger company, the sale will not be based on share price but by oil and gas industry standards based on asset value including proven reserves, leases, and equipment.

The share price does not effect day to day operations because the wells that are producing are paying for themselves as well as providing revenue. As more come back on line, that allows more revenue and more options for Keith, such as more leases, equipment, small companies like Sabine Mineral Trust or whatever else he feels is best for the long term plan of Hemi.
It is the share price and the chart, which have been manufactured by the MMS btw, which scare away investors. Anyone who has done at least a small amount of DD, just in the Ibox for example should recognize how undervalued hemi is.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.