RE: RE: RE: Gonecode one BIG SUCKY BABY!OK here is my first response to Swissturd $2.50 target when he was comparing it to CUX...
I agreed if the $2.50 target would come they would need this ...............IT NEVER HAPPENED...
here is some of responses to the swissturd.............................
His posts are at the bottom..............
/3/2010 8:52:06 PM | | 206 reads | Post #27985535
Looking into my crystal ball, I have a feeling that next week we may hear
something about finalizing the Kom Ombo deal with Dana.
I suspect that a financing deal is already worked out but can't be announced
due to the restrictions from the first deal with Canaccord. That contract
specifically prohibits any share issuance until after the 4 month hold of their
deal expires. If I'm not mistaken, that is this week or weekend.
The current s/p drifting could be the market anticipating this financing. The
corporate presentation indicates what the expected rates of return will be.
Imho, the returns are exceptional and the positive cash flow will greatly enhance
future opportunities.
If all goes well with this stock, I'm looking to retire in 2-3 years.
Cheers,
S
9/2010 10:56:12 AM | | 184 reads | Post #28005329
First off, welcome to some of the new posters.
It's nice to see new names on this bb with the commitment
of owning shares.
Having said that, once again I believe that management
timed this second news release perfectly as the selling
pressure from the 60 million 25c pp is still with us. This was
predicted.
I do fully agree with most of you that any selling at todays
prices seems foolish but understand that the people doing
it have various motives and not necessarily to beat the s/p
down. It really does not matter why anyone is selling as long
as the buyers and holder know that this stock will rock.
Short term, $1 is very achievable but I'm looking for $3-4 in
a couple of years with a move to the big board of the TSX.
I've seen this movie before. It's called "Centurion Redux".
Look up CUX and it will give a taste of what is to come.
Cheers to all,
S
I do not believe anyone has invested in sdx because of the guidance given for a three year period when the first hole had not even been drilled. I know that it came directly from sdx and it is alll we have to go on right now but, 7000blsd in 3 years would be a disappointment to this managment team for sure. It was only meant as a place to start.
So lets stop talking about it like it is some upper range for guidance.
Well I agree it would be a Disappointment to be where they PROJECTED as by SDX's latest JUNE 2010 update and progress report.
If you do not go by what the IN PLACE MANAGEMENT TEAM says ......
WHO DO YOU BELIEVE??
or my other responses to his $2.50 prediction....
and I have tons more.............
/7/2010 12:30:46 PM | | 206 reads | Post #28309046
YOU WANT TO RUN NUMBERS SHOW ME WHERE THE money IS ...........
The company presentation tells the story .............What the CEO sees.
Just trying to help....Don't shoot the Math Guy ........Basic Math 101
.........now does 1.1 Billion equal 104 million at 12.00$ with ....40,000 BOPD
then does 1.1 Billion equal 400 Million at 2.50 $ with ....10,000 BOPD
OH but wait HMMM! 30,000 BOPD SHY!
You say CUX had 40,000 BOPD .....and was worth 1.1 Billion ...GREAT ...Lucky for you to be in...
Where is SDX pulling the other 30,000 BOPD from ......JUST CURIOUS...Cash flow and all valuing a Company.
OIL is not worth that much more.....
More Swissturd quotes.
Anyone complaining about the share price has no one to blame but themselves. How can you invest your hard earned money and not know what is going on here?
If you bought it for a quick trade then you should have been out by now, on the other hand if you were willing to invest at .38 or higher then what has changed? Just give me one negative event, other than the current share price.
I will say that some are suprised or unhappy about the delay to frac. but in six weeks it won't mattter and the share price will respond to it accordingly. That spells opportunity in the mean time.Listen to the webcast and fill in the blanks.
ONE NEGATIVE EVENT !! OTHER THAN SHARE PRICE......Are you kidding me.
More Swisstime Quotes
must say I truly feel sorry for you.
To me SDX is a game. But to you, it seems like an obsession.
Here is the SWISH story .......
QUOTE..
"To me SDX is a game. But to you, it seems like an obsession"
For the time being it looks like maybe the overblown selling has
abbated for now.
For what its worth, I feel that it is important to remember that this
recent drop in s/p is in lock step with the overall markets.
As I have already stated, the drop from its high of 70c to the low
40c range was due to the significant dilution of the share base.
For some time there was significant support at the 40 to 42c level
until the euro zone fiasco. The markets have dropped around
12-15% since and SDX right along with it.
Sooner or later, money will come back into the markets and SDX
imo is well positioned to benefit from any rebound.
I am not pumping. I could care less what the pessimists think, but
anyone who would suggest that SDX is in any way to blame for
dropping to these low (oversold) levels is totally bent.
Cheers to all longs.
S
Not that long ago there were some critics using vulgarity
to crucify me about a post I made regarding the next move
upwards in s/p.
To be specific this is a portion of that post dated mar. 26/10.
"You may not remember but the last time SDX announced a financing deal
like this was back in Oct/09 when the s/p was around 27c. The share offering
was for 25c. The point of interest here is that about a week later, the
s/p went to 55c. There is no doubt (imo) that anyone buying at these 40c
levels will be rewarded. It is my anticipation that we will see 75c fairly soon
now that there is plenty of cash to meet all obligations."
Now that we are roughly a week after the financing announcement, it should
come as no surprise to anyone that the s/p is moving up on very strong volume.
This company continues to move forward very aggresively and will provide
updates regularly. Their familiarity of the region vitually guarantees continued
success.
The market quite obviously is not concerned with dilution since the s/p is
moving up and not down. Even the most harshest critics cannot seem to
come up with any other argument for not owning SDX. So the score is
SDX 1 vs. Critics 0.
I am being generous here. The score for SDX could easily read 4,5,6 or more.
Cheers,
S