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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SargeK who wrote (50903)9/10/1999 4:59:00 PM
From: Brent Hogenson  Read Replies (1) of 95453
 
Sarge - I don't mean to bad mouth you. I just think HMAR is and was a horrible investment. I am up to my neck in FLC. If you or anybody else has an opinion or information that is negative, I want hear about it.

I first started investing in the oil patch with TMAR and TDW so I know a little about the boats. With an accounting background, I just don't see how HMAR is a viable company at this point. I can't see how it would be in the debt holder's interest to leave anything to the equity holders.
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