plenty of good news, inc. 992 bopd, page-40

As a relative newcomer to HC I don't want to get involved in slanging matches, but I must agree with Old Man River regarding COE and buybacks. THe company is essentially an exploration play, so earnings per share currently are not the issue. Rather, it is increasing the size of the company through exploration success. I think the company is in the happy position of being a producer, such that the money it generates at the very least helps pay for the exploration program it has planned. Money in this case base is far better spent on drilling or purchasing of strategic permits of deals that could add to value longer-term. To me the stock looks like it has potential, but those wanting to boost earnings per share appear to be wanting the wrong thing from this stock. It should be traded on fluctuations as it proceeds through its drilling program. I've successfully done this once and that is my plan going forward. Hopefully I haven't stepped on toes with this post, being relatively unknown here.
Cheers and good trading.