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Replies to post #22776 on Houston Natural Resources Corp (HNRC)

Replies to #22776 on Houston Natural Resources Corp (HNRC)

TheHungryHippo

03/04/14 1:05 AM

#22777 RE: norcalgold #22776

Well market value is different from book value. Wntrs book value can be calculated.. Last time I checked it was .037, but now there are 23 mil in assets and zero debt.

Market value takes into account FUTURE value also!!! Which means this is even more ridiculously undervalued!!!

TheHungryHippo

03/04/14 1:11 AM

#22778 RE: norcalgold #22776

Market value is calculated with the PPS. When the PPS goes up or down. So does the market value. WNTR should be trading at at least 30 million market value. And if we have audited financials and acquire the leasing company, then IMO we should be trading at market value much higher than the current of 2.6 million at .004!!!!