HUR / ECO and speculation...8 Nov 2019 23:05
Interesting day. As an investor in HUR and ECO... a few thoughts...
1. Some interesting suggestions on why HUR is not at 60p. A few comments about oil seen as dirty tobacco. Sorry but I don't buy that at all. When ECO struck with Jethro the Sp doubled in a minute. If you land BIG, the SP jumps.
2. A few days before ECO released their RNS to say Joe well was a gusher, a local government official accidentally reported an oil strike. We all knew it had to be ECO. So cats do get let out of bags...
3. What I find bemusing is that HUR and Dr. T always seem super reluctant to report in any capacity, let alone in response to gossip! So why the need to release an RNS today? The SP hasn't exactly gone through the roof today up >3%. And no news of a flare. Of course, Dr T does seem a very cautious chap, but if they release news on Monday confirming a BIG strike, how does that contextualise today's RNS. As a shareholder, I'm hoping for some good news, but I want confirmation of that flare.
Hope everyone has a good weekend.