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lowman

07/04/07 2:37 PM

#15202 RE: lowman #15201

My last post should eliminate any ideas of selling HMGP on grounds of bad weather in KS. HMGP is SO undervalued, sellers at this point could easily be classified as IHub's stupidest 'dumb money' fools...of course, only IMVHO.

(no offense, Jagman lol)


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vtbound

07/04/07 8:43 PM

#15214 RE: lowman #15201

No pissin and moanin here. I think showing some of these other O&G companies and what their sp is will help new investors to see the value of Hemi. To be honest, I like seeing them to. At first blush, Luce just released their proven reserves which is 1.5 mil barrels of oil.

http://www.lucasenergy.com/05_15_07.html

Based on the report from Geosystems back in February that Hemi pr'd showed 2.15 mil proven reserves for the five leases in Woodson County and that does not even take into account the other 1440 acres next to it, nor the estimated reserves of 14 million plus. Oh yea, we have not even factored in Hemi's other leases either in Tx or N.D. I assume Keith will uplist or there will be a buyout or eventually both. Either way, the shareholders of Hemi will prosper immensely. I guess I still don't have enuf shares of Hemi :)