GREY:SDRYF - Post by User
Comment by
gonecodeon Apr 21, 2010 2:26pm
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Post# 17016109
RE: RE: Here's the NR
RE: RE: Here's the NRYou know that stocks trade huge amounts of paper and can nowhere...
It happens as players move out and new ones move in...........Don't forget that some have been in for about 1/4 of this price so taking a few off would be expected...
Having said that...................They have a lot of new paper hitting the screen and it could take some time to get into stringer hands....
If you look at the estimates from Sea Dragon......This play is years out yet......Even then they may not get the 30,000 BOD that the had with Centurion.....
Much Much depends on the Kom Ombo deposit..... It could change the paly big time....
I would venture that many will wait and see because if they hit a few big wells and put some BOD on the table before year end....LOOK OUT!
Much is riding on this because they are pretty diluted at this point..............It would not be prudent to do anymore dilution at this point.......
They need some Cash Flow..............
My bet is they already know where the deposit is and the way things work in EGYPT.......The proper wheels have been greased to get the goods....
It is as close to a double you will ever see....................ONE GOOD WELL IN THE KOM OMBO ......
DOUBLE OVERNIGHT>>>>
Here's waiting..and buying....on these little dips.......
I have been quietly picking up shares and watching........Timeline 2 years and we could see a few dollars....
Good Luck ....