FOGL may well be an interesting play BUT any payoff in terms of multiples of the current sp is years away. Perhaps one to buy a few of now and stick them away for 2-3 years. Its probably 12 months + before it has a discernable impact on HDR's sp IMHO.
Should be another ripper of a week for the oilers and in particular our beloved HDR (and for me also OSH). I think HDR should reach $2.30+ before the drilling program announcement in 2 weeks and go to a new ATH once the drilling starts in July. Enjoy!
H
HDR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held