lamwcw : In my Ignore list lamwcw,
you show up here at this board for the first time writing ESSAYS full of blah blah blah and full of nothing actually....your clueless lenghty posts is a waste of time and this is why you are in my ignore list. It is not worth debating with your and your arrogance either....you do have an agenda to say the least.
Comparing fundamentally Second with the heavy debt loaded Arcan which is run by an inefficient and ineffective mgmt team who give thousands of options to themselves (and was PARTLY replaced recently) etc. etc. is like Apples and Oranges on any metric .....
So you have both an agenda and you are confused and ignorant in evaluating a company.
U do not need to buy SCS....you can stay with your favorite EE.TO (Exall) and its amazing 1100 boepd production which you have been pumping for so long.
Unfortunately for you, your posts there prove your abilities in evaluating stocks once again whatever you claim no matter how lengthy essays you write about your experience in the oil industry.
So enjoy the tiny EE.TO, its huge $ 60 M long term debt (bank and convertibles!) , its "great" land and the "huge" 4,4 MBOE 2P reserves!