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interesting post on canadian stockhouse board

  1. 10 Posts.
    An interesting post on the Canadian Stockhouse bulletin board by Porphoritic

    http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30890876&l=0&r=0&s=HRN&t=LIST#

    Anyone got any comments?

    ‘The timing would suggest they are doing the intermediate logging run. Once finished, it's time to drill into the main target.
    I thought it would be useful to to bring up why they are drilling way past the main target. The UARANDAB shale, which underlies the main target may be an unconventional resource itself! Oil shale! Has not been mentioned as a potential target yet by management that I have seen, but this is no different than other plays in Newzealand right now(TAO, NZ) and US plays such as the Niobrara and Wolfcamp shales. This could be as significant or better than the main reservoir that Horn is targeting. They will need a rock core of the shale to confirm or dismiss the potential. It is 700 m thick and could hold billions of barrels more oil. It's worth asking them about it if anyone is calling in. Here's that report again. See page 10 -UARANDAB Organic rich shale and carbonate.
    http://rmp.test.irmau.com/IRM/Company/ShowPage.aspx?CPID=1160&EID=75357026
    GLTA!’

    ps I have also posted this on World Stocks so you can look there for comments including a very good one from kiltare.

    http://www.worldstocks.co.uk/forum/viewtopic.php?f=3&t=283

 
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