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Solimar Energy Limited Common Shares V.SXSH



TSXV:SXSH - Post by User

Post by Monday2on Sep 13, 2013 7:43pm
265 Views
Post# 21739790

Impatient Sellers or People making decisions based on current info

Impatient Sellers or People making decisions based on current info
  1. 11 July 2013 – news release, gives spud date, 22 July 2013 – news release, gives results of drilling and future plans reference well. 2 August 2013 – news release – gives anticipated to spud in mid-August, the kicker, news releases on the 16 and 28 August 2013 no mention of spudding well, no information reference well, period – RED FLAG

  1. The company started trading on the TSX approximately Nov 14 2011 but has been in business since May 2007 from their website or 30 Sep 2005 from their annual report. These are seasoned people eight years in the business, they should know how important it is to keep their shareholders informed and what good news or bad news can do to their share price. Red Flag.

  1. I will not go into how long and want has been achieved reference their property, it is all on the web..

  1. Then I read this about Petrodorado Energy Ltd and watch their stock, not good.
https://www.ripoffreport.com/r/petrodorado-energy-ltd/calgary-alberta-ab-t2p-3h7/petrodorado-energy-ltd-cheating-with-agility-ceo-khrishna-vathyam-and-vp-max-rolla-creat-1078752

  1. Since Solimar Energy has not been forth coming with updates and watch/reading about Petrodorado Energy Ltd has left reasonable doubt whether a second well will ever be drilled. Has Petrodorado Energy Ltd cut and run, is their a money problem? They were to spud mid August and it’s 13 Sept 2013, it is up to Solimar Energy to release that information. It took 10 days to drill the first well, given the amount of time without news, the company and partners history. RED FLAG

  1. I definitely understand why some people are getting rid of this stock.

  1. The company needs to release news on what is going on! Other wise potential buyers and shareholders can only make a decision about the company based on information that they can obtain. The TSX has a lot of companies to invest in and when someone leaves as you know they don’t look back. Nobody wants to get stuck with shares no one wants, example Cline Mining CMK, Sagres Energy SGI, Underground Energy UGE all toast.

  1. The above reasons are some of the reasons why people will dump these shares!!!

  1. Oh the game, was or is being played on, Eastern Platinum Limited (ELR), people line up and buy at $0.07 and sell at $0.075, today it closed at $0.065, so maybe buy at $0.065 and sell at $0.07. That is if anybody sees any value in the stock.

  1. Since I am not god we will have to see how this plays out next week.


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