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zguy

05/05/07 2:48 PM

#10095 RE: xtrapink #10090

Excellent post, xtrapink, and thanks for the correction :) Thanks too for taking it out even further than I did.

Also, from my understanding, it is even cheaper to drill these gas wells than it is to drill the $50k oil wells.

If people do a little figuring, even using low numbers, the amount of money these wells can generate is incredible.

The drop in PPS we saw Friday just amazes me. There are countless pink sheet companies out there which have higher market caps than we do, have NO revenues, and huge debt. There are some who can see what Hemi is doing and where they are going and I believe it is only a matter of time before the light bulb clicks on for others. LOL (Oh, and I'll just mention again the PPS IMO is ludicrously cheap factoring in ONLY the proven reserves from the independent reserves report and not even including any oil or gas production! That is what I believe based on my own DD. Is the light yet coming on for anybody else out there??? LOL)