Replies to post #5731 on Hemi Energy Group Inc. (fka HMGP)

[pink floyd]

Agreed Pinkelephant! The $1.00 projection seems to be that special number for pink sheet stocks. However, Hemi is a company run more like a Blue Chip but trading on the pinks. If you look at previous buy-outs in the same sector-like Devon buying Chief, you can see that even $2-$3 may be way undervalued. Keith has an excellent business plan and already has spent six years implementing it. We are hearing alot about oil reserves but Keith is also sitting on loads of gas reserves too. I understand the fun in projecting future share price but Hemi just may exceed all our expectations.

[lowman]

"...the next so called 'long' who mentions a $1 target again. They're doing more damage to our long term potential than anything else."

Well put, PE. Whether we use the conservative $700M in proven and probablereserves, equating to $17.50 pps gross product, or we use WW's ultraconservative valuation of $3.75 pps, any allusion to $1.00 is more an 'installed psychological barrier' than anything. $2 is not much different.

Realistically, suggesting $5-$10 is more in line with what 'all said and done' is actually worth, if not even that, still being low.