GREY:HRTPF - Post by User
Comment by
SantaFeSteveon Jul 06, 2013 2:28am
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Post# 21592184
RE:Posting on IH by VanWilder
RE:Posting on IH by VanWilderIt would be close to a first if they hit oil and it did not leak out. It should become apparent in both the share price and volume. They can decline to comment. But usually companies are forced to comment if there are large moves in their stock.
So I am fairly confident that
A. So far they have not found borscht
B. If they find anyting we weill know.
C. I think it is highly unlikely they will find a commercial well. It seems to me that the first trap encountered would have oil in the reservoir below if any deeper source rocks contained oil. No trap is 100% so there would be leakage from below to higher levels.