GREY:SGLRF - Post by User
Post by
shambano1on May 27, 2014 3:41pm
321 Views
Post# 22602709
credential doing most of the selling today
credential doing most of the selling todayand in big blocks?
why they were buying in big blocks from 1.75 all the way to 1.85 I'm no sure??
in any case I agree the new cessford well looks very encouraging and even if productions rates are 250-500 boe/d when it gets hooked into produciton it's still a very positive development.
The next glauc well will be drilled in q3 and the noel well and is an off-set well so wee might get just as good test rates.
these high producion wells will help stabalize the declines and also help increase CF.
The Noel well will be reported around the time of q2 release in August so that will also be very encourage if it comes on in big numbers especially with higher NG prices in 2014 and 2014.
I will continue to add as SGL falls because I don't buy the lies that it's only worth 1.00, jsut another bank trying to screw shareholders and make money off their insecurities.
don't trust anyone in this business especailly the banks.
I'm long and I'm biased so DYODD