When we invest our hard earned money in a stock
Post# of 17862
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When we invest our hard earned money in a stock, we expect a return on our investment. Patience is important, but price appreciation must come at some point or the investment is a complete write-off. In my opinion, HIMR has the kind of potential that makes the risk to capital all worth while. However, they must continue to make progress toward their stated goals, and investors must be informed of that progress.
Currently, we are told HIMR management is deeply involved in the operational details that could lead to the success of this company. Site development is crucial, and I suspect this is what HIMR is doing right now. Hollund also mentioned that another, even larger, concession was within their grasp. Is this the big news Hollund hinted at? We don't know. We were also told audited financials could come in the third quarter. Is this still in the works? Once again, we don't know.
Hollund informed investors that they might be silent for a while, but only because they are all extremely busy orchestrating the eventual success of the company. So we wait. If no news today, then next week news can be expected. I am just as in the dark right now as all of you, but I have not given up hope. At my next opportunity, I will voice my opinion on the silence. While I don't expect news on every single detail the company is involved in, I do expect IR to at least answer the phone (remember, Jason is not part of HIMR management so he should not be busy with operational details).
On another note, some have asked where the site is located where Hollund will begin its underwater logging operation. We know it is on Lake Bayano from recent press releases, and near a well maintained road. With this information, I assume the site is located on the Southern end of Lake Bayano, and near the Western end of the lake. My assumption rests on the disclosure that the site is within a two hour drive of Panama City, and the Inter-American Highway is the main artery of transportation through this area. Hope this helps until we have more accurate information.
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