re: dana's ann. faucon Hi olive blossom,
Personally, I don't like the heading of the announcement...Discovery
Dana Petroleum is pleased to announce that the Faucon-1 exploration well, currently being drilled in Block 1 offshore Mauritania, has encountered hydrocarbon bearing sandstones within the main Cretaceous age target horizon....
Hardly a discovery when they can't even tell whether it is gas or oil (when this announcement was made anyway). Anyway, at the end of the day, if it is a commercial discovery, Hardman and Dana will take off. Hardman probably more than the others since it has clearly lagged in performance since the announcement.
However, if it isn't commercial, like I said in an earlier post, Dana will fall quite a bit IMHO whereas downside to Hardman will be limited because, well, there hadn't been much of a rise to begin with really.
The price will catch up to the truth eventually :) I hope!
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HDR
hardman resources limited
re: dana's ann. faucon Hi olive blossom,Personally, I don't like...
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