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stock_peeker

09/11/12 2:09 PM

#12043 RE: CPTMatt #12042

HNR: Hard to estimate the risk on getting approval from the Venezuelan gov't ...

The news release said nothing more than (paraphrasing) ...

We're workin' on it . .. ... .... and we'll be closely watching to see if Chavez gets voted out by some miracle in Venezuela's October elections.

Went back and read this piece from July on the deal.

http://www.andrew-racz.com/Harvest_Natural_Resources.html

Nice writeup, but I thought the valuation for HNR was a bit too generous IMHO.

'peeker