PE - up until today, I had never seen the famous KAA letter to Lowman from July 2007. Apparantly this is the defacto secret Mission Statement of Hemi that the faithful here have placed their confidence in....
I bought my first stock in HMGP in October 2007 on a whim after reading a PR on Rigzone.com I believe. They were HQ'd in Graham, TX at the time and that was not far from where I lived for 10 years. Thought it would be fun to follow their company's fortunes. Found about iHub in May and joined then. I slowly kept adding blocks of stock to average down as my first buy was in the mid 20's, then the teens, then the high single digits, then the low single digits...
I never understood how so many here could have such stalwart support of this stock based on what was being PR'd and such lack of transparency by HMGP. I now realize it's that letter from Keith. I read it today, re-read it several times and actually if you believe all that's posted there, I can see where this loyalty comes from. The letter actually explains some of the "stuff" that bugs the heck out of what you and I constantly complain about.
I don't know if I can place that much faith in someone I don't know - at least when it comes to investing my money. If Keith is actually still sticking to this game plan, the current low SP, new shares issued, secretive operations all make sense.
I guess time will tell whether Keith is a brilliant oil/business man or not and we all get that buyout in the end.
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