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Strategies & Market Trends : Beat The Street With SI Traders

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To: GoldBull no bug here who wrote (57967)11/4/2010 8:49:02 PM
From: ogi  Read Replies (1) of 233942
 
Very much greenfield high impact and like so many other O&G plays
lead times are huge. A very interesting pick for 2011. Don't let us forget it. I tend only to dabble in O&G and am more comfortable in Gold. CNE I see as a growth stock and easier to
understand.

""The net proceeds from the sale will facilitate the drilling of Hyperdynamics' exploration program that is scheduled to start in late 2011 offshore Republic of Guinea, as well as for working capital and general corporate purposes. Hyperdynamics is the operator and 77% owner in a 9,650-square-mile oil and gas concession in offshore Guinea. U.K.-based Dana Petroleum owns 23% of the license.""
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