Sat, Aug 30, 2014, 11:13 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Harken Energy Corporation (HEC) Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • LCBard LCBard Jan 10, 1998 1:34 AM Flag

    80m big money

    Perhaps I wasn't clear, "VON_FUKOFFEINDIE".... except for the single fact that right NOW we are still LOOKING for an ocean of oil in Columbia, I would agree with you.

    If we had already found it and know for certain that it can be economically brought to the surface and/or sold in place or whatever, I would not hesitate to take on debt and NOT even consider issuing additional equity.

    Until that "elephant" is bagged, however, I would prefer the company keep as clean a balance sheet as possible with a minimum of long term debt so that we have all options open AND be reasonably sure of being able to SURVIVE in case unforeseen problems develop.

    Until then, I would rather err on the side of caution in what, as we all know, is a very risky business any way you slice it....

    As supremely confident as we all are, however, it is very tempting to take your approach though...its a tough call any way you cut it.

    All, IMHO, of course

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Burger King Worldwide, Inc.
NYSEFri, Aug 29, 2014 4:02 PM EDT
Synaptics Inc.
NasdaqGSFri, Aug 29, 2014 4:00 PM EDT