Replies to post #44748 on Hemi Energy Group Inc. (fka HMGP)

[kelseyf]

Or perhaps Hemi winds up somewhere in the middle of .02 -2.00.

Shall we mid-point this Plastipunk and shoot for $1.01??....LOL

Kels

[Big Mur]

Yes, $2/share... and that was nearly two years ago... the amount of reserves assets has only increased since then.

$2 is just the math from numbers published at that time (July of 2007?)...

2.15 million BOE proven; 5.1 million BOE probable (much if not all of which is now proven status) for a total of 7.25 million BOE.

7.25 million BOE * ~$30/barrel = $217,500,000.00

217.5 million split equally among 100 million shares of HMGP stock = $2.175 per share.

It's not rocket science.

[carl2591]

I have to agree with plastipunk..
from .18 cents to .006 and dropping.. all i can say is dam
if any thing comes of this it will be a miracle.. but miracles do happen. just look at EESO. it was down to .0002 in oct nov 08 and today was trading at .0195.



$2/share?

Investors will be lucky to see $.02 /share if history is any measure.


I wish people would wake up and realize that the chart represents everything KAA asserted and then failed to deliver.


As each new low occurred, claims of "these bargain prices won't last" just kept coming, but the slide continues.

[REAZO]

If history is any measure...... $.40 seems to be resistance. You didn't seem to look much at the charts you provide. No doubt we are at the bottom, and hmgp has been here a few times. But, there is also a top that hmgp has reached (and exceeded) several times, and it is NOWHERE near the .02 you threw out in your post. So, if history is any measure, we will likely cycle back up to the .40 range with progress from the company.

Plastipunk - If you're going to use history, use history.