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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
Post by snoozlegroibon Sep 10, 2008 4:23pm
508 Views
Post# 15446131

It's Bargain Time

It's Bargain TimeNo news + down markets = low SP. If you think, like I do, that major developments are around the corner, that makes it a bargain at these prices. There are a lot of other bargain companies around now due to these down markets.  Here's one I snapped up yesterday @ 7 cents:

CBI.V just finished a great summer drilling program in Mexico with the following results:

135 meters at surface @ .119% moly
72 meters at surface @ .12 % moly
33 meters at surface @ .203% moly
16 meters at surface @ .102% moly
15 meters 15m from surface @ .183% moly

Now for the kicker: this company, with the above intercepts, currently has a market cap of $2.7 million (!!!!????)
Maybe there's something about it that I don't know, but I figured it was worth a shot--do your own DD--I just thought I'd mention it for my fellow bargain hunters, GLTA.
Bullboard Posts