GREY:HRTPF - Post by User
Comment by
gusgoldon Dec 16, 2011 11:40am
310 Views
Post# 19328952
RE: the reality
RE: the realityYour right on about the 70% drop in stock price and MM's bs about delivering 1500 bls a day in 2011. But it won't take 2-4 years for the stock to move. 2012 is a make or break year for HRT. HRT will be drilling about 23 wells between the solimoes and Namibia in 2012 with production scheduled for 2013. All they need is one big discovery in 2012 and the sp is back to $10.00. Even with all the bs HRT is not a bad speculative bet at these levels and that is why Blackrock and Sprott bought in. I just bought 13000 more shares at an average price of $2.97