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Hyduke Energy Services Inc. HYKCF

"Hyduke Energy Services Inc is an integrated oilfield services company engaged in the manufacture, repair and distribution of oilfield equipment. The company operates in three segments, Manufacturing and Fabrication segment that designs, manufactures, refurbishes and repairs land-based drilling rigs, well servicing rig, drilling support equipment, workover support equipment, storage tanks, custom steel fabrication and custom machining; Supply and Service segment that includes the procurement and


GREY:HYKCF - Post by User

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Comment by David_Adellon Jul 28, 2009 4:53pm
258 Views
Post# 16173080

RE: RE: Others are noticing this gem finally!!!

RE: RE: Others are noticing this gem finally!!!I totally  agree with ur assessment.   I was at the AGM  and Gord McCormack  said that stock  assets  would  be worth more than a dollar if the company's assets   were sold at a bankruptcy sale.       I  agree that the volume seems  to have increased    but the stock seems to be in a 20   to  25 cent trading range.  I think  its being manipulated in this range   possibly   by a  party  that is accumulating to  try  a take out offer on the cheap, perhaps 50   or 60 cents. This way   a Company  could get the assets at  40 cents on the dollar, and be will positioned for the rebound.     All the commodities  have rallied except for natural  gas. I  have the feeling when it does turn  it wil turn  fast. Remember at this time last year,  nat gas was about 14 bux. I  hate  it when ppl  offer the  low  prospects for nat  gas  cos   they said the same of copper at the start of the year and oil, which both have already doubled off their lows of the last 6 months. I  own 200  000  shares and    am still accumulating  .  My average price is about  40 cents,   but when  i look at  a 10  year graph  of Hyduke we've seen     it touch 4 bux  2ce in last 10   years  . The Company wil survive and im waiting for rebound in nat gas. I realistically think  the stock  could  get over dollar within the next  year. I   am   sharing ur sentiment and  am  hoping no  take out offer on the cheap     will  materialize.Your thoughts are appreciayted. Great  post!!!!
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