gtv, if the pps had not stayed low, I would never have been able to get the number of shares I have. I am not complaining one bit, because I know what those shares are going to mean to me down the line. I sit here looking like the cat that ate the canary, with a big grin on my face, and money in the morning to add some more shares!!
Nothing personal, but I disagree. xtrapink recently posted a valuation on HMGP pps drawn from known factors (o/s, proven reserves) which can be used to determine FMV.
Whether HMGP is currently trading at near 1/15 of his estimation, or only 1/12 or 1/10 is irrelevant. That there is no rational basis for why HMGP is trading so cheaply, is what is important.
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