The Ukraine needs foreign money to drill gas holes, the last time i checked they used more gas per capita than any other country in the world and are the 3rd or 4th largest user. Sure hog could get ripped off but the chances of that happening are very slim it wouldn't be in ukraines best interest, they want to attract the big boys, and as far as i know only shell have a stake in the gas fields and a small one at that.
What i love about hog is how quickly they have progressed, only 200+ mil shares, with all the free cash they wont be capital raising, and more deposits to be drilled.
This is defienetly a long term hold for me and i would be happy if it dropped back to 45c which is my next buy trigger.
The Ukraine needs foreign money to drill gas holes, the last...
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