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sahd3g

12/23/10 8:50 AM

#4214 RE: Tex-Oil #4213

$150+? wow, I love the way you are thinking and glad you are comfortable posting it.

Back in about 2004 or so, some folks were running numbers and coming up with $1000 valuations for HDY that had some basis in reality...now the float is larger and $100 HDY is a real possibility...long term.

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luxor

12/23/10 10:08 AM

#4230 RE: Tex-Oil #4213

Not sure abou $150 here is my take on this:

If they discover ONLY 500,000,000 Barrels X $40(their profit per barrel after expenses)=$20,000,000,000 (those zeros drive me nuts) :150,000,000 shares=$133X0.77(their part of concession) =$104.41
Out of that $102.41 I am not sure about taxes,Gov of Guinea cut ...let's say we keep $40...