InvestorsHub Logo
Followers 0
Posts 47
Boards Moderated 0
Alias Born 09/14/2010

Re: MHT post# 462

Wednesday, 08/24/2011 12:49:34 PM

Wednesday, August 24, 2011 12:49:34 PM

Post# of 555
I think for me, it is extremely hard to envision a early Fall drilling date. When I last spoke with IR, they said that they estimated it would take 60 days after finalizing contracts to commence drilling, which pretty much puts September out of the picture. I will note that the 60 day estimate itself could be a bit ambitious as we have seen how aggressive they have made their timelines and the result of that. Having said that, I don't expect a 2-3 month delay will have much of an effect in the scheme of things as long as there is not something bigger that is in question here. MHT, I wanted to hear you thoughts on the lack on insider purchasing. For the last year or so we have seen pretty consistent monthly insider purchases until the month of July and now August. I may be acting a bit superstitious but the last month I believe that there were no insider purchases was Feb 2011-the same time that they were expecting to release JV results in Albania. We all know how that story went. I think it would show a lot of confidence to shareholders here if we were to see some insiders start buying again as we are currently flying in the dark regarding drilling. What are your thoughts on this issue?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SNV News