GREY:SCSZF - Post by User
Comment by
Oceans19on Feb 27, 2013 10:56am
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Post# 21048345
RE: RE: where is a NR
RE: RE: where is a NR The whole oil and gas scene is ugly right now. Most stocks are at 52 week lows trading at 10% of their value last year. When we get a turnaround in the sector it should raise most stocks but we need to hit bottom first. RBC just called the Nat Gas bottom.
We do need an NR and a new Investor Presentation. Long overdue, but perhaps they are waiting for a more favorable time to release news when the market is more upbeat. Until then at least we have the insider purchase plan ticking along. They buy more shares the lower this stock goes.
Expecting consolidation in the sector at lower valuations per flowing barrel. Until the tide has turned throw a few darts at a couple juniors and be patient. Great risk/reward ratio for those that can buy in now and hold. Just look at the current market cap for SCS - 31.1M. Peanuts, but markets can stay irrational longer than investors can stay solvent.
GLTA