It's all about entry point. HUSA looks pretty good to someone who bought 100000 shares at .25 a share. I agree that the 10 year rule is nothin more then wishful thinking. You have to invest by facts and not pipe dreams. But I believe HUSA has room to run with the drilling intentions mentioned. I lost a few dollars on AXAS a couple years ago, got out of it, invested in COP, made it back.
I know being debt free is great but do you think it's being overly cautious. I'd think borrowing and getting something started is better then chugging along a 1 mph. Most all big companies have debt but have tons of assets also. What do you think HUSA investors?
A couple months ago I bought COP and had 48 dollars left from that trade and bought 160 shares of HUSA for the fun of it. Now, today I just bought some more which pushed me to 10,000 shares of HUSA. Hope this pays off. Hoping for some drilling news. "Good drilling news".