News Focus
News Focus
Followers 70
Posts 9741
Boards Moderated 0
Alias Born 01/21/2007

Re: Arkait post# 41064

Monday, 10/27/2008 1:33:25 PM

Monday, October 27, 2008 1:33:25 PM

Post# of 51429
I don't like to be negative,
but another 90% decline in shareprice looks likely from here. Is it nss? Could well be.


Ok let's spell this out again, current Hemi PPS .017 as I write, assumption a 90% decline from here = .0017 price.

.0017 x 68,000,000 O/S = $115,600 market cap


HELLO...... Hemi just sold and closed, 10/15/08, the WY lease deal for $475,000 NET PROCEEDS to Hemi.

HELLO...... Hemi has leases in ND, TX and NM each greater in individual value than just this WY deal that just closed for $475,000 NET.

HELLO...... Hemi has the Core SEK leases and are not only producing leases but are leases with vast O&G reserves.

HELLO....... Hemi will be further developing the Collins site bring horizontal drilling into play

HELLO....... Hemi is Debt Free and Positive Monthly Cash Flow


I'll remind you in a year, regarding this little debate.

OK only if you promise not to come back until 10/27/09....see how crazy that sounds, but I will give you some credit; your targeted price is up from .0016 that you stated in your prior post.

Kels



Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today