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1581

06/15/07 11:56 AM

#13791 RE: Badge714 #13787

I think they will be building value but it cannot happen overnight or even in a couple of months. First they have to do their DD to make sure what they have been told by hemi is true. Then we really do not know what their strategy will be other than a loan, we think. With even more financing, other than the producing wells, hemi will be able to build a pipeline for the large gas field recently mentioned as well as drilling at a faster pace. I am in for the long term, for the dollars so it is all good for me. Glty
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Argyll

06/15/07 11:57 AM

#13792 RE: Badge714 #13787

It's a long term project. Unless the financing option has completely disappeared, it's not a failure. They said it would take 60 days or more.

Saying it's a failure is like saying an oil well is a failure before it's been drilled!