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Highlands Natural Resources, the wheels are coming off. Sell!

By Lucian Miers | Monday 3 July 2017


Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


It looks like the game may soon be up for UK-listed, American oil stock promotion Highlands Natural Resources (HNR). In its prelims, announced last week, the company stated that it needs to raise funds either by issuing equity or third-party participation in its East Denver project.


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