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Re: steeledge post# 14101

Thursday, 06/16/2005 10:48:56 PM

Thursday, June 16, 2005 10:48:56 PM

Post# of 173788
PYOL buyer Herman. Pet project...

Looking at Herman's money in SNR more than 2M shares at $11 each.. (he's still director or chairman there in SNR).. SNR seems to be expensive by the way...

buying PYOL for $3-$4M is like a pet project for him
but I hope he is serious about this business and will hopefully be successful.. he might be looking for a challenge too in PYOL...

I don't own it for now (as I usually don't like oil stock though Cramer likes it a lot) but since RZ mention about it I have been monitoring it...

definitely an interesting transaction for Mr Herman... and very puzzling...

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