GREY:HYKCF - Post by User
Comment by
David_Adellon Jul 28, 2009 4:53pm
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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!!!!