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RandyKCMO

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RandyKCMO

Re: tchauncy post# 244

Thursday, 06/18/2009 4:34:29 PM

Thursday, June 18, 2009 4:34:29 PM

Post# of 25802
tchauncy....thanks much for the graph and the explanation. Scary-big numbers come to mind when you divide those reserves by the 95 million shares outstanding.

There's probably an industry ratio that someone could share....but $4,139,000,000 divided by 95 million is....

over $43 per share.

PLUS as I understand HENC's rights...they also own substantial off-shore properties where has several neighbors are drilling successful wells.

Why did I sell those shares at $.23 yesterday???

Later.

Randy



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