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Saturn Oil & Gas Inc T.SOIL

Alternate Symbol(s):  OILSF | T.SOIL.WT.A

Saturn Oil & Gas Inc. is a Canada-based resource company. The Company is engaged in the business of acquisition, exploration and development of petroleum and natural gas resource deposits in Western Canada. It focuses on advancing the exploration and development of its oil and gas properties in Alberta and Saskatchewan. It also focuses on the development of light oil weighted assets in Saskatchewan. Its portfolio includes Southeast Saskatchewan, West Central Saskatchewan, Central Alberta, and North Albert. The core producing properties in Southeast Saskatchewan include its Oxbow assets, which are concentrated within the Mississippian-aged, Midale and Frobisher oil formations and the Bakken assets concentrated in the Bakken formation of Southeast Saskatchewan. The core producing properties in West Central Saskatchewan consist of its Viking assets. The core producing properties in Central Alberta consist of its Cardium assets.


TSX:SOIL - Post by User

Bullboard Posts
Comment by bullorbear1on Aug 27, 2008 7:46pm
331 Views
Post# 15414896

RE: At These Prices

RE: At These PricesI don't fully agree ..... there are apparent risks ! ( no bashing)

The word on the street is that maybe the Sask coal play will be a challenge for alot of the Jr.  companies that don't have their permits in place .... something to do with the Govt Dept moving the goal posts......

Secondly , Management ...... who are these guys .... have they ever put a mine in production or better yet  .... proved up an ore body and sell it off to a Snr or Major for premium ....

Mind you it is a good play ...... to follow a discover namely GXS ......

SMI is highly speculative as like the rest of the 2000 + jr explorers .....

Lastly ..... do you bet on the horse or the jockey ?

In these markets I prefer to bet on both ...

Example  of one of my bets is CTG - TSX.V George Heard CEO x BHP Mining Engineer ( 9 years) has put into production numerous mines ...... last one with BHP was a $800,000,000 coal deal with Rio Tinto in Indonesia .....

He's on his second gold/silver mine into production with CTG .....  earnings earnings !!!!!

That's reducing risk !

 
Bullboard Posts