GREY:STTYF - Post by User
Comment by
carinthianon Jul 09, 2013 12:56pm
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Post# 21596622
RE:RE:If SND trades at 2.72 it will probably re-test 2.45
RE:RE:If SND trades at 2.72 it will probably re-test 2.45I am not into PnF but if the 2,45 can be held with the day end price this would not change the picture?
What could that be they have in the works? The had 11mio+3mio (equipment for sale) end of last quarter, giving 7mio for the 1,2% NSR and havong to hold back 4mio in case Donner calls... Leavong them 3mio for G&A and the 7mio amended payment to thunderbird if they can drill the wholes they said they will...
What would be nice but is pure speculation if the can monetize their coal assets and put that money to work or which is pure speculation too do some decent financing announcing new deals at the same time...
Currently there's not a lot that can be written on the pro side for SND to be honest especially when there are others out there that do appeal far more than this. Nevertheless I do not see any use in selling my small position now as I am getting more and more used to have the unloved things in my portfolio. ;-)
Just my thoughts. DYODD.
carinthian