MHL's Oil and Gas leases are bieng managed by Scott Spencer and Ted Ellyard, both are the ex creators/architects of Hardman Resources, they took HDR from "a market cap of less than $5m in 1994 to eventually over $1.5 BILLION"
Thus these two oil boys know what they're doing and as such MHL has been viewed by some such as Peter Strachan of Sotck Analysis as Ted Ellyards next oil and gas venture, but we should ask why? Why are the architects of Hradman a company which was taken over for $1.5Billion bothering with a little pissy stock like MHL? Why well becasue MHL's Oil and Gas leases are in Elephant Country, The Kyrgyz Oil Oil and Gas leases are surrounded by many prolific oil and gas producing basins which have produced probably a few BILLION BARRELS OF OIL and a few Trillion Feet of Gas, reserves are still a few Billion Barrels of Oil and a couple of Trillion feet of Gas So no doubt these boys are confident they can create another Hardman here
HDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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