Given we have approx 245m shares diluted, HOG's market cap has increased close to 33% in the last 6 trading days to approx. $130m and the market has factored in success. Now we wait for the updated reserve which will definitively rate HOG's EPV. With Hartleys circling, I suggest a small CR will come in the next month or so to shore up cash reserves with perhaps Hartleys being the leading broker IMO. Not a problem. The 2nd well is going to be pretty exciting for everyone.
HOG Price at posting:
52.5¢ Sentiment: Buy Disclosure: Held
