I don't like to be negative,
but another 90% decline in shareprice looks likely from here. Is it nss? Could well be.
Ok let's spell this out again, current Hemi PPS .017 as I write, assumption a 90% decline from here = .0017 price.
.0017 x 68,000,000 O/S = $115,600 market cap
HELLO...... Hemi just sold and closed, 10/15/08, the WY lease deal for $475,000 NET PROCEEDS to Hemi.
HELLO...... Hemi has leases in ND, TX and NM each greater in individual value than just this WY deal that just closed for $475,000 NET.
HELLO...... Hemi has the Core SEK leases and are not only producing leases but are leases with vast O&G reserves.
HELLO....... Hemi will be further developing the Collins site bring horizontal drilling into play
HELLO....... Hemi is Debt Free and Positive Monthly Cash Flow
I'll remind you in a year, regarding this little debate.
OK only if you promise not to come back until 10/27/09....see how crazy that sounds, but I will give you some credit; your targeted price is up from .0016 that you stated in your prior post.
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