RE:RE:RE:SURGE ENERGY = $25/ Share CEO Says +6% Dividends CanadianOil,
And I paraphrase,
' The furture is hard to predict: because it's in the future!!! '
As far as I can tell Dec' 22 is not here yet. My calender says Mar 23 '22...
And 6% dividend, from what base? Is it the mythical, so far, price of $25 or the present
price of, say 8.50???
At the moment, the price of oil is having a nice pop, so to speak. Let's see how SGY performs
v the other oil stocks at the end of the day.
The only thing that is going to say SGY is a takeover by some other company!
In the present enviroment I would be extracting oil from the high cost sections: if I can make
a profit!!! And if you can't make a profit when oil is $100+, well something is really wrong...
Yet Paul brags about how cheap it is to produce oil in Saskatchewan.
Once the price of oil goes down below the cost of production of high cost oil, it not an asset
anymore. It's inferred...
jmo