EXPM:HRTFF - Post by User
Comment by
ballot123on Jun 29, 2020 6:25pm
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Post# 31205327
RE:RE:Rotten eggs!
RE:RE:Rotten eggs!Goldon, You say " Management knows the value of what's in the ground."
That's truly an understatement in my opinion and key to understanding this investment at this time.
We have drilled and drilled and shareholders have always been unable to get a full picture of what has been found. The professional/legal niceties around "proving up" a reserve leave a huge gap in what management must disclose publicly.
I firmly believe that management and Appian know there is a material amount of undeclared
value on the Harte property and are just playing a waiting game in order to optimize their investment. Who can force their hand ? How ? Why? At these prices, accumulation is extremely attractive and we do see accumulation.