Member Info for LONGWAIT

That's a sobering tale, Handyman.

That's why some investors in HUR are hoping for a takeover, to take the decision out of their hands.

As I've said before, it needs to be a cash takeover.

'Without some degree of optimism, it is impossible to make money in the financial markets.'

(LONGWAIT(

Of course, that is if you're investing or going long!

I didn't get where I am today by listening to derampers, oil bears, or people predicting disaster.

I did lose my shirt on Circle Oil by not listening to a persistent deramper, but on the other hand, if you sell a holding whenever you read a warning, you will never make a profit.

Without some degree of optimism, it is impossible to make money in the financial markets.

I agree with you, SpruceGoose, about civility.

I think the price rise is due to what we do know about the company, rather than what we do not know...

Yes, Jim.

I know I have mentioned this before, but I cannot help remembering the know-alls who predicted - more than that, stated - that HUR would fall to 16 or 17 and oil would fall to 40.

The fact is that no-one knows what will happen, but the odds were certainly heavily in our favour - and, I believe, still are.

Yes, Jim.

I know when have mentioned this before, but I cannot help remembering the know-all's who predicted - more than that, stated - that HUR would fall to 16 or 17 and oil would fall to 40.

The fact is that no-one knows what will happen, but the odds were certainly heavily in our favour - and, I believe, still are.

Yes, Jim (and others).

The SP looks as though it is going to make a record high before long.

People had got used to the idea that any rise would be hit by shorting and massive profit-taking but, as I said, that could not last forever.

As many posters have remarked, patience will be rewarded.

I was about to post a comment yesterday that I thought we were about to breach 50 p, but didn't want to be accused of ramping...

Well, wellwell, Dr Trice did say in his most recent interview with Malcy that the interested majors were interested in all of HUR's assets...

VERY interesting...

I have only just read about the cash raise at 37p.

That helps to explain the depressed share price.

Yes.

It could test 15 again.

But it hit 15 when there was uncertainty about whether the moratorium would be lifted!

You've just reminded me of the excruciating wait for the Druid drill result...

You know, WT: people complain that Trump is not a competent politician.

It is precisely because he is not really a politician that he was elected.

The result was partly a revolt against the political class and political correctness.

I wouldn't, Jim.

Maybe even Dr Trice wouldn't...

Thanks Ghenghis.

Serves me right for not watching the recording before commenting!

RT said that all the interested parties said they were not interested in farming into Lancaster alone: they are interested in all HUR's assets. I don't know whether he had said this before, but it was news to me.

He did say that he is interested in new FB opportunities, farther afield.

I wonder how he would pursue those in the event of a full takeover.

Well, Biffa, your report confirms what I have been saying: there is little prospect of a full company takeover and RT has no intention of retiring.

Not sure about 150 p being likely on TE-9 being a success, but certainly if TE-10 is successful.

Yes, Shaun. What's the point of buying at the bargain price of 40 p, when you could probably pick up shares at 30 p in the event of failure?

It does look as though the share price is being traded in a narrow range, but eventually it has to break out of it. If it's upwards, it should breach 50.