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fingolf

05/20/14 8:16 AM

#4407 RE: Dav1969 #4406

here's my 2 cents:

when they're ready to spud, the stock will trade...it will move up steadily to the .60's, then wait there to hear about oil shows and then move into the 1.00's with any kind of oil strike.

Terra will move at a higher clip and greatly surpass HENC on a percentage basis if there is any kind of oil. After all, the bigger risk is with Terra - - they're sort of in an all-or-none situation.

Dry hole will crush Terra; HENC will fall back into the .10's

GLTA

tchauncy

05/20/14 9:05 AM

#4408 RE: Dav1969 #4406

Don't for a second write-off PEL 112 where they drilled the dry hole last year. Remember, all that dry hold did was to condemn about 1% of 112. As good as 444 looks, IMO, based on 40 years of O&G experience, as I have always believed, PEL 112 still has the potential for the biggest wells. I fully expect we will see test wells drilled on 112 in addition to 444 over the next few months.

JMHO

genstock

05/21/14 2:03 AM

#4419 RE: Dav1969 #4406

It doesn't trade because no one wants to sell it because of the potential .the only trading comes from mkt makers and a few short termers who think long term is a week.u obviously know nothing about trading.. Go try and buy a million shares with no news the shorts would stuff it up ur butt which they won't do when u finally have solid news. Only the people that r in it know about it that's why it doesn't trade ,they have there position now we need the outside world to hear about it and come in and try to buy it and there's nothing to buy and the shorts start to cover .watch what happens .it will be explosive.lots of demand no supply. That's what happened in BEXP .43 to 38 dollars and bot out. No trading is not a bad thing.