InvestorsHub Logo
icon url

The Fisherman

10/24/08 8:19 PM

#142421 RE: ThatHawaiiGuy #142419

It all about getting it out of the ground.

If you were here when we were granted out rights you would understand what we've been thru. Just need to wait a liile longer, our rights are incredible and could not have been done with out Emeka Offor...
icon url

YankeMike

10/24/08 8:53 PM

#142430 RE: ThatHawaiiGuy #142419

Hawaii: What do you mean the stock didn't spike as oil went to $147? Have you looked at the chart? As oil prices increased and we had speculation of getting a rig for dilling sooner than expected, the share price went from 16 cents to 61 cents.

What is more important is what the price of oil will be when we have between 500M and 1B barrels of proven reserves, which could be in 2011 or 2012. If oil is $100 in a few years, that would value the stock close to $10, and that doesn't include the EEZ!

Mike