• support@madhedgefundtrader.com
  • Member Login
Mad Hedge Fund Trader
  • Home
  • About
  • Store
  • Luncheons
  • Testimonials
  • Contact Us
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu

September 29, 2010 - Are the Rumors About Harvest Natural Resources True?

Diary

(SPECIAL MONGOLIAN ISSUE)

Featured Trades: (OIL), (HNR)


3) Are the Rumors About Harvest Natural Resources True? I have staff around the world constantly monitoring Internet chat rooms in a search of early movers. If they find something interesting, I make a few calls to see how real it is. After all, the Internet is 99% garbage, and 1% inspiration. That's how I found Houston based independent exploration company Harvest Natural Resources (HNR) (click here for their site).

HNR has a nice little business developing fields in Venezuela, Gabon, Oman, Indonesia, and China, for which it receives payments from local governments. It recently bought into the Antelope Field in the Duchesne Basin in Northwest Utah, which almost immediately hit a gusher. This one well is thought to be worth more than the rest of the company's entire operations, implying there is a latent double in the stock. Although the grizzled veterans with oil stains permanently under their fingernails I talk to have known about this field's potential for years, it is little known outside the industry or in the stock market.

Sure, I know you've heard this one before. But the company stands up on its own, even if the Utah angle turns out to be a fairy tale. The company has no debt, and fits in nicely with my own long-term view that oil assets of every description, from the majors to the indies, pipeline companies, and service companies, will do well over the long term. The only way I could be wrong is if Ben Bernanke figures out how to create a new barrel of oil with a printing press.

This one might be worth a punt. At the current share price you can buy the company for its existing business and get the Antelope field for free.

HNR.gif


HNR29.png


OilWellLakeview.jpg

Share this entry
  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share by Mail
https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png 0 0 Mad Hedge Fund Trader https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Mad Hedge Fund Trader2010-09-29 01:40:082010-09-29 01:40:08September 29, 2010 - Are the Rumors About Harvest Natural Resources True?

tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Mad Hedge Fund Trader (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade. 

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

Copyright © 2025. Mad Hedge Fund Trader. All Rights Reserved. support@madhedgefundtrader.com
  • Privacy Policy
  • Disclaimer
  • FAQ
Link to: September 28, 2010 - An Evening With the Chinese Intelligence Service Link to: September 28, 2010 - An Evening With the Chinese Intelligence Service September 28, 2010 - An Evening With the Chinese Intelligence Service Link to: September 29, 2010 - The Leveraged Upside Play in Silver Link to: September 29, 2010 - The Leveraged Upside Play in Silver September 29, 2010 - The Leveraged Upside Play in Silver
Scroll to top