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Gold/Mining/Energy : Harken Energy Corporation (HEC) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (4602)10/1/1999 3:38:00 PM
From: R F B, Jr.  Read Replies (1) | Respond to of 5504
 
Zeev :

700K? seems awfully cheap to drill a well.

you can put a top at $6 if you wish. i need a premium for my shares.

rfb



To: Zeev Hed who wrote (4602)10/1/1999 4:49:00 PM
From: Ed Ajootian  Read Replies (1) | Respond to of 5504
 
Z-Man,

*OT* If this first well is good CWI should be able to get convertible debt financing vs. straight equity, I bet. I have a small position and must confess to only a modicum of due diligence on this one. Thought they had enough to at least complete the current well and maybe even drill the next one.

Obviously not something to bet the ranch on but lets see what happens after they complete this well.