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


To: R F B, Jr. who wrote (4845)1/18/2000 8:50:00 PM
From: art slott  Read Replies (1) | Respond to of 5504
 
Thanks Ray. Is the NAV based on proven reserves or do they count probable? Is it based on t current market price of a barrel of oil?



To: R F B, Jr. who wrote (4845)1/18/2000 10:47:00 PM
From: Rod Copeland  Respond to of 5504
 
Ray,
Thanks for posting the summary...
Let's see ... not much said about domestic ops after a few weeks of nothing but domestic news. hmmmm.... Maybe domestic numbers are better than most of us are thinking.
I have been wrong more than right on short term prognostications, so I hate to say anything too positive anymore. I won't be wrong on long term, however. This stock will recover and do well.
Revenues are going to up substantially, and I think reserve valuations will be too. It should be enough to gain some attention on the market. Zeev is fearful of a retracement, but even if there is, it will be temporary.
This dog is about ready to hunt!
Thanks again for your post.
Rod.