InvestorsHub Logo
Followers 0
Posts 10186
Boards Moderated 0
Alias Born 11/23/2006

Re: REAZO post# 43136

Tuesday, 01/06/2009 10:08:06 AM

Tuesday, January 06, 2009 10:08:06 AM

Post# of 51429
"I do believe we have more than enough from PRs to know that Hemi is undervalued."

Can you give us a ballpark figure on what you think Hemi is worth? Even if the reserves exist the 800 lbs. gorilla in the room is what will it take to get these reserves out of the ground at a profit that will enhance shareholder value. What will the cost be, the rate of production, and how long will wells in an area like SEK produce. (there's a lot of gold in the ocean too, but making a profit producing it is the tricky part)
Just claiming that the reserves exist doesn't put money in the pocket!

"more transparency makes sense during mid to late 2009."

I agree. KAA said a long time ago that he would keep his cards on the table. I wonder why he said one thing then did another?
Just an honest question about what KAA himself said.



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.