HDR hardman resources limited

how low can it go?, page-3

  1. 16,288 Posts.
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    notthemama and oilleak

    I am with you oilleak. Wait and see at this stage. Or accumulate - that is if you want to buy another 100k say then buy 25k now and more if it drops further or more if it rises (convincingly that is).

    I'm sitting on my long-term shares (sold a few) and all but out of CFDs. Last year as the drilling ended HDR faded then ran up for the next 10 months as Chinguetti was declared commercial and the market put some value in for Tiof and blue sky. IMHO it could be January before we see Tiof flow results and later than that for a reserve estimate (hopefully an upgrade). So sit tight and accumulate - that's my advice. But then what would I know.

    H
 
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