Member Info for NoRskNoReward

Time to "Buy Energy Stocks", and HUR IMO offers the greatest value along with Risk/Reward at the moment.

Good Luck & GLA.

Which makes absolutely no sense, HUR production is very decent but kitchen sinking which was the root cause for Trice's departure is having a major effect here, overtime and with few positive updates this will clearly massively re-rate IMO, patience is required while overall markets remain extremely turbulent.

Good luck CDF1, also planning to top up here, seems difficult to get a bid at ~700K or more but easy to sell in larger numbers at the moment.

"We do not expect the upcoming U.S. elections to derail our bullish forecasts for oil and gas prices, with a Blue Wave likely to be in fact a positive catalyst,” Goldman Sachs’ commodities team wrote."
"A Biden administration could provide a further boost to oil prices by making production — especially for shale — more expensive and more regulated."
"The bank expects tightness in U.S. oil and gas supply"

https://www.cnbc.com/2020/10/12/goldman-says-biden-election-win-could-be-positive-for-oil-prices.html

Early tanker offload update will be very interesting, and SP now starting to move north.

@itisagame, well noted, could be a very positive and possibly even game changing development here over time.

bartlebobton, first thank you for reminding me to filter you here, and second, if you actually bothered to read the title of this thread (instead of just writing BS without any thought or effort), you would see it states: "10p+ Within 12 Months", and most here are insisting that this is indeed a long term hold.

"Oil prices head for 10% weekly jump on N. America, Norway outages":

https://financialpost.com/pmn/business-pmn/oil-prices-head-for-10-weekly-jump-on-n-america-norway-outages-2

Good Post, and argument well laid out.

Now look forward to much improved proactive management along with outstanding communication with all stakeholders in HUR from here onward.

Brent currently up more than 2% at ~US$43 so far today.

Good luck, buying in here at a great time post yesterdays unwarranted big SP drop, all the best.

Next RNS could shortly be further management stock purchases.

A very upbeat and positive Update/RNS, it certainly sounds and will as such be taken as very market positive here I believe, Brent is also positive, Shorters will run for cover, GLA.

Then why are you guys spending/wasting your time here, unless of course you are short HUR.

That's a really massive selloff, no wonder the SP was not gaining true momentum here and sustained these extreme low ball valuations, HUR should start moving north very fast indeed with the main seller now fully out of the picture.

I never stated you were a short, you obviously assumed, however if I were you I would stick with that narrative as other alternatives which you seem to claim here will not bore well on you IMOO. Nevertheless, all the best with your long investments, and also the very best to all HUR shareholders.

Needless to say, Shorters get ever so increasingly nervous/active as HUR SP ticks up by the day.
GLA

3.50p+ close looks on the cards into the close today IMO.