Replies to post #45073 on Hemi Energy Group Inc. (fka HMGP)

[Badge714]

We can assume and speculate all we want but it don't mean crapola with out financials and production reports to back it up.

[bdahl385]

Kels said in regards to the question on whether Hemi remains monthly cash flow positive: "Hmmmmmm...........let's see.

Could it be due to the current tanking strategy that Hemi conveyed earlier in the 2008 year?"

Looking at crude oil prices from 2008, the 1st qtr. averaged about $85 a bbl, the 2nd qtr. about $115 a bbl. Since you've long touted the Hemi strategy of "tanking oil" can you please explain to us investors how storing oil when it could have been sold at >$100 a bbl. is something good now that oil is selling at <$30 a bbl???

Oil price source, Coffeyville Crude for Eastern Kansas grade:

http://www.coffeyvillecrude.com/CVRCrude/showPriceBulletins.do

[bikerider99]

"Could it be due to the current tanking strategy that Hemi conveyed earlier in the 2008 year?"


lmao ... good 1 kels

just like you and other hard core believers here who have "tanked" a whole bunch of stock all the way from $.90 to nothing. nice strategy, "tank it" when the price is high then sell at %80 discount later on.