RE:RE:More Nat Gas Troubles And SNV Has Over 1 Billion Cubic Feet SMlachake wrote: You underestimate my good friend. Even basing on government reserve gas estimates of 9.9 Bcf and 25% ownership. That is 2.45Bcf gas not 1Bcf. Let's wait for the report. By the trading pattern today, a report maybe near.. I can guarantee that proven recoverable gas reserves alone will be over x5 current SP. Then add crude for a proper explosion. And that does not factor increase in ownership. Sit tight longs.
I agree SML. Regardless of where Nat Gas is going there has been way to much focus on the Oil reserves and with the war on and winter coming Nat Gas is going to have a huge bump in price and hey we sit on huge amounts of both these commodities . Exciting times ahead for sure . Cheers .