GREY:SDRYF - Post by User
Comment by
ferret_caon May 22, 2018 10:16am
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Post# 28062946
RE:RE:7% drop in London today
RE:RE:7% drop in London today
not sure what you were seeing , london shows sdx at 66.50, conversion is about 1.71 cdn to 1 gbp so that makes it around 1.13 cdn. it is down in both exchanges. maybe you were looking at premarket bids before it opened, that is a useless mugs game and can change quickly, it's what it opens at that counts not premarket bs.
while bad news on the well, I got my opportunity to top up my holdings to an overweight position, didn't hit the low but got some great prices. I think the market will brush this well result off and look at the positive as they will now concentrate on the known big producing area for now. cash flow will increase dramatically by year end and most of it from previous discoveries.
cheers ferret