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Re: None

Sunday, 11/04/2012 5:26:46 AM

Sunday, November 04, 2012 5:26:46 AM

Post# of 21090
TOB - I like this post of yours from Yahoo. I hope you don't mind me putting it here - it is spot on imo. Thanks!


"The news that Tullow is in exclusive negotiations for HDY is a game changer.

HDY management has made mistakes in the past, but they are water over the dam if a competent operator like Tullow takes over the concession.

I am changing my sentiment to "Strong Buy" and I have gone long HDY.

Previously I would only consider a short bet because of the

Smart people can now see that HDY will have another strong rally from the current low share-price. If Tullow is confirmed as operator, then it is off to the races for the share price.decline and the screw ups. I'm sorry for those who bought in too high and held through the decline.

Just the fact that Tullow is interested in this geology is extremely bullish. Signing any JV will give a big boost to the HDY share price. Signing Tullow may see all time highs.

Sentiment: Strong Buy"