so back to stock price runnup. Maybe someone who knew about this ran up the stock. Now that the news is out and volume almost nil he might be kicking himself.
My reading of the news is this is great. Obviously, market don't know that.
Contest!...Name the "Company"..................................
"A large petroleum company, with home offices in Houston, Texas, is doing extensive drilling and development of their coal bed methane gas on leases with similar types of CBM pay zones located ten to twenty miles south from our areas of interest. A company like this, with very large lease holdings, obviously has done extensive due diligence before committing millions of dollars to develop the CBM gas in their leases in southeast Kansas. Therefore, it is a reasonable projection that development of very similar types of blanket coal bed formations will also be as commercially viable for Hemi. Hemi has knowledge about other blanket CBM formations that are within a few miles of our mature leases and also adjacent to our leases in the Cherry Creek Trend that is our next leases to be drilled."
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