Saturn Oil & Gas Inc T.SOIL

She done!

[halkirkbob]

I think the gig is up.

[nowyouknow]

What does that even mean. She done?

[Theconsortman]

Sold? Bank called the debt? Becoming a crypto currency? Who knows but the price dive into the halt doesn't bode well unless they played this real close to the vest. I think they are done. Maxed out debt leaves no room to drill and the Viking declines are savage. Possibly lowball offer from a predatory group with a lower cost of capital.

[nowyouknow]

And you are getting all of this from where? other than picking it out of you butt. Wow anything to be seen....

[frostback]

it would be very surprising to be good news given prior history of the company and no news coming out in past 24 hours.

[Theconsortman]

Read the year end. What part of it gave you reason for hope?

[nowyouknow]

Read and reread it. Still looks awful damn positive to me. You must be used to being wrongggggggggggggggggggggggggggggggg.

[kavern23]

If it is Cresecent Point I wonder why they are not press releasing it.... Does Ridgeback still have assets there...I mean Petro Bakken used to have midale and frobisher property.

[peterj99]

Hi consortman: Yes the price was tanking but the whole maket was tanking yesterday and tanked today as well. and what is this? "Bid: 0.13 x 23500 Ask: 0.13 x 42000" At the halt it was 11 cents That is from here and stockwatch too Yes that can change, but it does not look like they are turning the lights off. as usual, time will tell My guess: It will

[Theconsortman]

Many oil stocks did not tank. They were up on the day. Soil is an oil stock isn't it?

[Theconsortman]

Maybe they will become flavour of the day. Geothermal player? Helium chaser? Pulling rare earth's out of old wellbore brine? They took their shot at being a producer so time to pivot.

[peterj99]

I think Helium would be great LOL I missed out on DME just as I missed out on Moderna I was close to buying DME, I just didn't pull the trigger Arizona is the place for Helium I believe RHC is exploring for helium in western Canada and found some Also I believe rare earth's are not RARE. China controls the market through subsidies. Trump was about to change that as there is plenty ot

[halkirkbob]

Maybe they got the invoice for moving to Calgary and decided to get into the moving business. I agree with consort that they are done. Time to buy crypto.

[Theconsortman]

Perhaps Prudential pushed them into something? They were fully drawn and in breach of some covenants.They were/are no longer running the show. Prudential is.

[nowyouknow]

Wow. How wrong were you? Debt free in 2 years. After spending 93 million for assets that are expected to produce 65 to 79 million in the next 12 months. Pretty damned impressive. Our little Saturn is growing up.

[peterj99]

True,the price of oil is and was OK but SOIL WAS tanking at the halt. I recall the ask was 10.5 cents and then it started to creep up to what I posted earlier. BTW I have no idea what price it will open at or when will it trade again. Here is an earlier snap shot of that creeping     SOIL - V 211.0