Newb question: placing .hg on network

[David Spitzley]

I've looked around online and tried searching the list archives, but I'm having trouble parsing an answer to my question if there is one.  I'm working with Laravel on Windows 7 with IIS (probably immaterial in this case), I'm trying to set up my first repository to track my application files (C:\inetpub\laravel\app), and would like the .hg folder to be stored on my network drive (H:\) so that it gets backed up.  What do I need to do to either override or work around Mercurial's default behavior of placing .hg in the root of the folder I'm versioning so that the repository winds up in H:\.hg rather than C:\intepub\laravel\app\.hg?
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