Very disappointing!!! I note that many HC posters on HOG have been applauding the performance of our new CEO, however since he came on board the share price has continually declined!!! Now i am not totally blaming him for that as the whole market is stuffed but where i do have concerns re his performance is his inability to communicate to the investment community the real HOG performance story. Our market cap is a joke when we take into account just what revenue we are making out of the one well at present.
I'm probably one of the luckier investors in HOG as i bought in under where the share price currently sits, however i must say i am becoming rapidly disallusioned in my investment due to the extremely long delays we shareholders have to endure waiting for updates on progress. The current B24 drilling is a perfect example of this, i personally haven't a clue if what has been released to date is good or bad news. I must take this opportunity to thank Dexter for his precise postings as without his contribution i would be totally at sea!!!
HOG Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held