Replies to post #41849 on Hemi Energy Group Inc. (fka HMGP)

[zguy]

I don't have those answers, starboy, because I'm speechless myself about how we are currently sub-penny. Given what we know, it is not a reasonable share price. I'm not even going to add an "IMO" on the end of that because with Hemi getting the hard cash they did out of the WY lease and just the value of their equipment (negating any other leases, value of reserves, and everything else that typically goes into valuing a company) I can confidently state that as fact! LOL

The bottom line is that for us investors it doesn't matter if the company has $100mil in the bank or producing 100k bopm, if the share price is 0.009 THAT is what affects US. I don't know what it'll take to rebound because each time we get a bit of good news that I think is very good and will be received well, it hasn't done much for the share price. The good news though is that this normally does "correct" itself and the company starts trading at a more reasonable price when considering their assets.

I also think yesterday's news will eventually help. I'm looking at the bigger picture here too. It's a step forward in continuing what was started. I think these leases were looked at not entirely for the money they would bring but also along the lines of "you do something for me and I'll do something for you".