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Re: A44975 post# 8031

Tuesday, 07/29/2008 7:47:00 PM

Tuesday, July 29, 2008 7:47:00 PM

Post# of 16569

It really doesn't matter what the charts say about the past. What matters is the future and who is now running the show at HTOG.

HTOG has now completed several good gas wells and now they found major oil in a field they control. Most companies are happy with a 6 barrel per day well and the one they just hit is 66 barrels per day with the likelyhood of many more to come in that same area. You can't ask for a much better start to a major stock recovery than that. Once the tie-ins are completed to all these wells, they should be able to retire the debt built up during the startup exploration and development stage in no time.
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