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gtv

08/15/07 11:18 PM

#19364 RE: Manti #19361

Just from their PRs/financial statements there is a big difference that HMGP is cash flow positive.
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lowman

08/16/07 8:01 AM

#19390 RE: Manti #19361

Consider first of all, Manti, that Hemi is drilling 'here and now', while ERHE only 'plans' to, next winter. Also, consider how long it takes for Hemi to drill a well, as compared to ERHE's deep sea drilling. Those deep sea wells aren't the 'poke a hole in the ground' type wells that Hemi drills.

Deep sea wells have MUCH more risk involved! My advice would be to invest in ERHE after their well has been drilled, and waiting for results. Otherwise, your investment dollars are are certainly stagnant (and dimishing?) until then.

GLTY either way.