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


To: Rod Copeland who wrote (3868)12/14/1998 7:16:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 5504
 
Rod, I cannot prove that the floorless is at the bottom of the weakness in HEC (but todays pop in crude did not help the stock). All I can do is draw parallels with other situations like AKSEF and AIPN which had similar problematic financing. The former had an excellent property (ranked by no other than Strain to be equally bountiful).

If you remember from our few discussions on ABACF, I consider availability of finance to execute dreams (and I mean wet dreams from oil, not from anything else <VBG>) more important then the quality of the acreage owned by the company. Just as I have in the past turned bullish temporarily on ABACF from time to time, I will probably do the same here, when I think the time is ripe. I know that there are some people that would like to know if and when that happens. After all, I came back to this thread, after a year of absence, only by the invitation of a former poster.

I wish someone would tell me why I have to "justify" my postings here at all.

Zeev