*what an absolute bargain*, page-48

Olive, do you really think hdr would be at $1.985 3 months from production if all was well and good even with the drilling failures?

Do you think if the big money had such high regard and confidence in hdr and valued them north of $2.70 they would sit back and watch 'em hit $1.985?

You want to justify hdr's fall by clumping them in the basket with the producers but you dismiss their poorer 12 months performance by saying they aren't producing. You don't want to acknowledge hdr has their own set of valuation criteria and with production nearing they should be tracking their own course with the poor drilling only affecting the blue sky component of the ching production valuation.

Relative to Mauritania, ROC have f#ck all yet look at their performance.

Unfortunately, too many people accept mediocrity and feel they have to defend the indefensible so as not to frighten prospective investors here on hc.