TSXV:BMX.B - Post by User
Comment by
amp7on Jan 31, 2012 9:24am
435 Views
Post# 19468830
RE: RE: RE: RE: RE: What makes SRX so valuable?
RE: RE: RE: RE: RE: What makes SRX so valuable? Now they are saying that the 20 day moving average for SRX was $3.88 instead of the $3.75 specified in the press release. Strange mistake to have made.
Be that as it may, the real issue for me is the $150M plus value placed on SRX. The way I see it, unless something like governmental regulations come in to stop fracking, natural gas prices are going to be low for a very long time. I don’t really know how to put a current value on the gassy land assets SRX brings to the table so I pushed the sell button.
More power to those of you who see value there and profit from it in the future.