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oilman57

03/28/07 11:16 AM

#7907 RE: oilman57 #7905

I wouldnt sell HMGP though. Id go long. This is the kind of stock you buy and tuck it away and a year later you will be very happy.
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zguy

03/28/07 11:20 AM

#7908 RE: oilman57 #7905

oilman57, what you don't mention is RGNO has over 4 times the number of outstanding shares. When comparing a company's price and not mentioning the number of outstanding shares, the price has little meaning. When RGNO hit .265 their market cap would exceed HMGPs even at $1.

I know very little about RGNO, and it might be a great company, but thought it only fair to point out your price comparisons have little value if you don't also take into consideration the share count.
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lowman

03/28/07 11:26 AM

#7911 RE: oilman57 #7905

You neglect to mention that HMGP is debt free and has a HUGE insider position and has exclusive rights to their leases and has 4th generation oilpatch choosing and developing these leases and has EXCELLENT rappaport with locals, KCC, and the EPA, and has an EXTENSIVE gelogical library and has proffessionally independant proven reserves (not just company hopes/thoughts/beliefs/fluff) and has VERY considerable equipment to perform neccessary duties and has EXTREMELY attractive leases in HIGHLY productive fields and is NOT a diluted pig with HUNDREDS of millions of shares and has NEVER done a 10 bagger only to give it all back and has NOT left NEAR as many bagholders in the wake and geez, my fingers are getting sore or else I'd keep going on.

Having studied as many O&G plays and played as many as I have, I'll take my HGMP over your RGNO ANY DAY OF THE CENTURY!