GREY:HRTPF - Post by User
Post by
gusgoldon May 14, 2013 11:39am
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Post# 21389716
How Many Would Dump This POS at $10
How Many Would Dump This POS at $10 I would be glad to get out at $10 and $10 is a real possibility. Most of the posters here got in thru UNX because they believed in Namibia and could care less about the solimoes. But all the price action is on the bovespa, and those investors got in because of the solimoes and gave no weight to namibia. The IPO got to $10 because of mm talking up the oil and gas in the solimoes and when he didn't deliver on the solimoes they sold and took the sp from $10 to $.97. That is why the starting of the drilling offshore nam didn't produce the sp bump to $1.50 that a lot of speculators bet on.
So the solimoes, which we know has oil and gas, can still deliver even if nam is one big duster. A couple of oil wells and a gas monetization plan can get the sp back to $10, and then there is the polvo field where HRT has the prospect of substantially increasing the production from the current 13,000 bpd.