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Re: None

Wednesday, 02/09/2011 12:11:39 PM

Wednesday, February 09, 2011 12:11:39 PM

Post# of 21090
One thing is for sure.

The shareholders meeting will not be dull.

I continue to think the information about collaboration between Guinea and Angola is highly significant. It shows things are moving rapidly on the ground. In my mind, that's an indirect but visible indicator that all parties expect the drilling program to deliver.

I'm confident HDY can initiate a program based on present resources alone. But I would not be surprised if the eventual structure of the JV deal or financing allowed for a more aggressive drilling program than has previously been articulated.

The fundamental quality of the investment opportunity here is what's important to me. I don't care what the share price does on a daily or weekly cycle. I think recent development both on the demand side and specifically related to the progress made by HDY to date are highly positive and that even optimistic interpretations can be exceeded at this point in the near and long-term.