RE: RE: RE: RE: RE: What makes SRX so valuable? I sold the day the deal was announced at .51 cents to .465 cents.
Had a large position and wanted nothing to do with gassy SRX.
Was nice to be able to liquidate my position. Bellmont had good oily properties but their gas assets are not worth much and not cash flowing enough for them to have survived and grown into an oily play.
Actually I took a loss on BMX but already in the green with this cash after moving it into MQL,HYX,TOL,SCS,NVS.
Keep an eye out for updates on SCS,NVS. Should be very good.
TOL updated investors today. Excellent execution and very cheap.
PXL also due to give an outlook for 2012.
All of these companies are oriented towards oil
PXL is almost 100% heavy oil.
MEL another one to keep an eye on.
GLTA