Hurricane Energy Share Discussion Threads

[thegreatgeraldo] 06/11/2020 11:36

MR20l7
6 Nov '20 - 10:28 - 20959 of 20959
0 0 0
Europe, on the other hand, has caused immense damage with its expansionism of the last 5/600 years or so - in much of Asia, Africa & the Americas

That being partly true (since the critique of imperialism also has to take into account the ‘what have the Romans ever done for us’ question),

..Yes, very amusing. I'd imagine the native north Americans would struggle to find humour in genocide.

[amr20l7] 06/11/2020 10:28

Europe, on the other hand, has caused immense damage with its expansionism of the last 5/600 years or so - in much of Asia, Africa & the AmericasThat being partly true (since the critique of imperialism also has to take into account the 'what have the Romans ever done for us' question), we are nonetheless in a post colonial era where Europe is no longer made up of competing imperial powers, so a response of the question framed in the modern reality shouldn't be ignored in favour of just saying we did lots of damage in the past so we're in no position to criticise.Chinese isolationism may have some geographical substance (although their irridentist attitude towards Taiwan doesn't complement that view, nor does the situation of having an extremely aggressive and fissile client state in North Korea), a country's influence in a globalised environment is no longer governed by physical territories. I'd agree that the effort to combat Chinese aggressive economic and political behaviour (particularly in terms of their position within the UN) is a necessary one, all of the above notwithstanding.

[thegreatgeraldo] 06/11/2020 10:13

........China is emboldened and has become more oppressive and more aggressive in its dealings with the world. Look at Hong Kong

...Map shows Hong Kong is in China. Fact is, China historically has never been expansionist...just looking over the last 3 or 4 millennia....Europe, on the other hand, has caused immense damage with its expansionism of the last 5/600 years or so - in much of Asia, Africa & the Americas

[linz22] 06/11/2020 10:10

Oh dear. Tourn.
Please stick to analysis of HC companies, which you're good at.

The passage of time, eh..?

[pro_s2009] 06/11/2020 09:37

Just to answer a small part of your post tournesol. You appear to be blinded by Trumphate and unable to see the real world for what it is. I suggest 6 months travelling across the world for you - see things in real life - not as you get fed by the media. Take it on as a bucket list event.



........China is emboldened and has become more oppressive and more aggressive in its dealings with the world. Look at Hong Kong (This is political - the UK should have done something, not the USA. The UK is responsible) .

Look at the concentration camps for Uighurs. (Oppression of the Uighurs started under Obama and has continued)

Look at its behaviour in the S China Sea. (Started under Obama - who allowed it to happen)

Look at its genocide in Tibet. (Ongoing since the CCP came to power decades ago, you do realise the Dalai Lama has been in exile for decades)

Look at its stealthy infiltration of universities here and abroad. Trump's response has been pathetic. (All allowed to commence under Obama)

Russia has strengthened the autocracy of the Putin clique. Look at the use of murder against opponents. Look at its covert military adventures in old communist states. Look at its sabotage of western democracy. Trump has been supine. He has sided with Putin over his own intelligence services. (Obama allowed Putin to annex Crimea and invade Ukraine)

It goes on and on......you cannot blame Trump for the mess Obama created. Its like Europe, everyone said what would happen if you let in so many economic migrants, and now it happens..........dont blame people now for what idiots did in the past.

[amr20l7] 06/11/2020 09:14

anyone who thinks that's they're the better choice I should have said

[amr20l7] 06/11/2020 09:13

Bravo tournesol - I generally enjoy pro's commentary but found his analysis wanting on Trump.The Democrats are also a basket case for having four years to field a new and fresh candidate that should have walked this election, but on the question of the lesser of two evils, anyone who thinks that a pathological narcissistic liar who is intent on turning the office of the President into a publically staged personal power trip, needs to wonder if they've got a bit lost somewhere along the lines. The behaviour of Trump's army of hooligans (complete with those willing to drive Humvee's into vote counting centres, committing acts of terrorism to defy democracy) is not a group I'd want to admit to identifying with.

[tournesol] 06/11/2020 08:50

Don't want to break my self imposed silence about the specifics of Hur but feel justified in responding to pro's outrageous pro-Trumpism.

Trump is assaulting and undermining democracy and as a result strengthening its opponents including China and Russia. He is inflicting terrible damage not just on the US but also on the rest of us. Every aspect of international collaboration from climate change to nuclear non-proliferation to trade has been frayed by his rodent like gnawing at every thread he can reach.

China is emboldened and has become more oppressive and more aggressive in its dealings with the world. Look at Hong Kong. Look at the concentration camps for Uighurs. Look at its behaviour in the S China Sea. look at its genocide in Tibet. Look at its stealthy infiltration of universities here and abroad. Trump's response has been pathetic.

Russia has strengthened the autocracy of the Putin clique. Look at the use of murder against opponents. Look at its covert military adventures in old communist states. Look at its sabotage of western democracy. Trump has been supine. He has sided with Putin over his own intelligence services.

America's allies have been betrayed - look at the Kurds.

Trump's childish foreign policy has failed. Look at his Mexican wall. Look at the China trade war. Look at N Korea. Look at the erosion of democracy in India and Turkey. Look at Israel's continuing policy of stealing Palestinian land.

There's little point continuing. Trump supporters make a practice of ignoring and belittling facts and evidence in favour of polemics and lies.

Remember, "for evil to triumph, it is only necessary for good men to do nothing." Trump is evil in every narcissistic, authoritarian, incompetent fibre of his body. Everyone who recognises that should speak out.

[thecomposer] 06/11/2020 08:24

Pro_S2009, looking at your posts, you now really sound desperate, HUR at current valuations is clearly a sleeping giant IMO, and it would be crazy to short it but that’s just my opinion, and on oil, under a Biden Presidency, less US production will certainly lead to higher crude prices and under Trump who is pro US O&G, we’ll have higher Shale production and hence, lower global crude prices, simple really but again that’s just my humble opinion:

[pro_s2009] 06/11/2020 07:56

Here we go




Told you.......Biden win means Iran happy, Iran will sell all their oil now and Biden turns a blind eye.......and Saudi will ram oil prices down to hurt Iran.

A Biden win is bad for oil prices. Watch and learn. A good strong oil price recovery in 2021 is now (if Biden wins) not going to happen. One of the reasons I moved highly into gas stocks and away from oil.

With a Republican Senate - Biden can do nothing for 2 years. So he will have no effect on fracking or oil in the USA until at the earliest 2023........but a new Iran/Saudi oil price/supply war will happen in late 2020 and 2021.

As for Goldman, did they not say "oil could go to 200 US$" just before it actually crashed........

[leoneobull] 06/11/2020 07:36

Go Biden. He should be well over the line today and I expect him to get 290 to306 electoral votes

[back2basics1] 06/11/2020 07:35

“Goldman says a Biden win could be a 'positive catalyst' for oil prices”:

"We do not expect the 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.”

[leoneobull] 06/11/2020 07:34

Pro. U r clutching at straws.....CA share price also hugely undervalued. They have already increased to over 11% on HUR. Investment firms have maximum % stakes in individual firms for risk management reasons.

[leoneobull] 06/11/2020 07:28

Ttg. You appear to have a real copy paste problem with users' names

[pro_s2009] 06/11/2020 07:18

Anyway, back to HUR.

Perhaps very telling news......... CA purchased 500,000 of their own shares, which they therefore must see as better value than buying HUR shares at 2.4p Why are they spending that cash and putting shares in treasury - in effect just dead money. Why not buy loads more HUR shares ???? HUR is so cheap now according to many, and CA are so positive that good things are ahead and oil is under the Oil/Water contact, the point at which oil is above the water.........

Waiting to see how this is spun into being good news for HUR.



06 November 2020

Crystal Amber Fund Limited (the "Company")

Transaction in Own Shares

The Board of Crystal Amber Fund Limited announces that, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 22 November 2019, on Thursday 05 November 2020 the Company purchased 500,000 of its own ordinary shares of 1p each ("Ordinary Shares") at a price of 77.0 pence per share. These shares will be held as treasury shares.

[pro_s2009] 06/11/2020 07:12

Not sure I get that either.

World Peace ?


Trump in charge - no wars - no Russian invasions - No Chinese building on disputed Islands - lots of Mid East peace deals (Israel - UAE etc..)

Obama in charge - Russian annexation of Crimea - Russian v Ukraine - China building on disputed Islands.


It seems clear the world goes into disorder when Democrats are in power as ultimately it appears Democrats take money in exchange for turning a blind eye.

If you actually watch world events you will see the world was peaceful under Trump, unlike under Obama - if you watch CNN/BBC/Sky/C4 then Trump had World War 3 and 4 and killed everyone and the world is dead.

All of course IMO.

[jomtienman] 06/11/2020 07:04

Only if you put your shareholding in hurrican over world peace and dont mind a cerified loonie in charge
.

Bigger picture surely

[jomtienman] 06/11/2020 07:03

Only if you put yourbshareholdingbin hurrican over world peace and dont mind a cerified loonie in charge
.

Bigger picture surely

[pro_s2009] 06/11/2020 06:35

Dont know how you work that out.

If you buy a share at 2400 pence each and it falls to 1200 pence, this is exactly the same loss as if you buy a share at 2.4p and it falls to 1.2p.

Unless of course, everyone on here is simply short term spread betting ??????


The new "bad" thing hanging over all oil stocks (not gas) is a Biden win.

If Biden is confirmed as winner he will have been helped by Iran covertly. Iran will be "allowed" to sell their oil again. Saudi will start price cutting their oil to hurt Iran. The price cuts will ensure US fracking dies and so jobs are lost and Biden suffers.

All those saying Biden means high oil prices - no - Biden means Saudi will keep oil prices low for much longer. As a HUR shareholder you should be hoping Trump pulls a rabbit out of the hat, because if Biden wins then low oil prices will continue through the whole of 2021. Biden win is good for gas, bad for oil.

All of course, IMO.

[m5] 05/11/2020 20:45

Well lets hope shareholders get a bit of good news, its well well overdue. We all know the bear case, its cant get much worse, ok 2.4p worse, but there will be a few surprises here of that you can be sure and opportunities to make a few quid.

[thegreatgeraldo] 05/11/2020 20:33

neobull
5 Nov '20 - 19:54 - 20934 of 20937
0 3 0
Does anyone have a single example of an oil company suggesting spending 75 million usd on a water injector yet several chumps on a BB can immediately tell such remediation would be pointless?

...& maybe, just maybe, you can find an example of where water injection was the solution (pun intended) to water coning.......

[bearnecessities33] 05/11/2020 20:32

HUR assets/licenses lie in an extremely prolific region, and not surprising to see increased interest here, wether M&A related or otherwise at present much suppressed share price levels. O&G M&A activity is picking up, particularly in the North Sea and HUR is undoubtedly a potential prize target IMO, however, any bidder(s) will require to put forward an incredibly juicy premium to have any chance of success at current lowball Market Capitalisation levels IMHO.

[thegreatgeraldo] 05/11/2020 20:25

neobull
5 Nov '20 - 19:54 - 20934 of 20937
0 3 0
Does anyone have a single example of an oil company suggesting spending 75 million usd on a water injector yet several chumps on a BB can immediately tell such remediation would be pointless?

....Maybe, just maybe, you'll add something to the discussion one day. Until then, guess it'll just be petty name calling , waffle & self pity.

[onlylongterm9] 05/11/2020 20:19

pro_s for Short HUR 2009, markets are forward looking and hence, HUR share price will not await that long before re-adjusting and your “Short Position” will fortunately burn big time here, so let me re-phrase it for you in my words, Once a "Forward Work Programme" is announced/confirmed, and if sufficiently convincing, then WITHOUT ANY DOUBT IMHO we are due a truly massive positive re-rate here along with huge forward momentum from current very very very much crazy nonsense undervalued share price levels where, downside risks at present are absolutely minimal while upside potential remains truly massive, all IMOO of course , please DYOR, and GLA.