SDX ENERGY INC SDRYF

RE:From the SDX Twitter post

[JayBanks]

I believe in the early/mid summer one BNN analyst made a comment loosely to the effect of: “SDX needed to take out loans for growing the business several years ago, in exchange the lenders requested that the company had predictable income with hedges. Most of SDX’s oil is hedged at X (don’t remember the number but it was lower than price at the time likely high 30s low 40s) and the company is profitable. In December of this year (2018) those loan required hedges will expire and SDX can sell oil at a much higher rate and become much more profitable. Because of this we expect the stock price to bounce and almost double.” That’s not the exact quote but is pretty much what I remembered and took away, I don’t remeber if it was Josef Schacter or anouther expert, and I don’t remeber it it was on the Commodites show or Market Call...

At  time the price was around the $1 mark, and after all the researching and watching I had done that was what I needed to put me over the top and setup a purchase... it took a few months before I actually jumped in, as I figured I’d wait for a better price and that the needle would be closer to December...

I wonder if anyone can conferm that information in their investigating, and maybe this tweet of their current 5 year contract is confirmation of this information, cause that seems like it’s a new contract development if they are announcing it for the start of a new year.  If so the thesis seems solid and positive, although unfortunately I’m down around 30% on my investment so far with hopes of a big quick swing upwards to the $2 or more mark by middle/late 2019