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Saturn Oil & Gas Inc T.SOIL

Alternate Symbol(s):  OILSF | T.SOIL.WT.A

Saturn Oil & Gas Inc. is a Canada-based resource company. The Company is engaged in the business of acquisition, exploration and development of petroleum and natural gas resource deposits in Western Canada. It focuses on advancing the exploration and development of its oil and gas properties in Alberta and Saskatchewan. It also focuses on the development of light oil weighted assets in Saskatchewan. Its portfolio includes Southeast Saskatchewan, West Central Saskatchewan, Central Alberta, and North Albert. The core producing properties in Southeast Saskatchewan include its Oxbow assets, which are concentrated within the Mississippian-aged, Midale and Frobisher oil formations and the Bakken assets concentrated in the Bakken formation of Southeast Saskatchewan. The core producing properties in West Central Saskatchewan consist of its Viking assets. The core producing properties in Central Alberta consist of its Cardium assets.


TSX:SOIL - Post by User

Comment by Arbitrage1970on Jan 25, 2023 6:00pm
268 Views
Post# 35246543

RE:Worth the read

RE:Worth the read

Insidersinsider wrote:

What the independent view is when Saturn doesn't buy its own updates. Worth the read!!! As stated previously, management are crooks and stuffing investors cash into their own "golden parcutes". GOOD LUCK!!

https://www.linkedin.com/pulse/zuks-nukes-soil-cui-bono-michael-a-zuk/


I think I would of given more credit to this if it had a more biased point of view.  Using fully diluted amd them not mention they would owe 150 M less ?  I would suggest any one who found this read professional ? Would be someone I wouldn't take advice from. 

  The truth is ?  This is a bit more for the person who has risk tolerance.  Didn't memtion share price trades at today 2.34 cents and Pro forma $80 oil not $90.  

  Means that potentially there is massive upside at this price , and we are hedged more than most amd this actually works in our favour if we test lower oil prices
    Oil should be solid around 75 to 85.   I say that because insojt see it rocketing up , more so I see things that keep it from falling to far.  Russion oil coming off line. Reality about there ability now to move there product. 

   It's also a double edged sword the SPR release. As on the news today.  

   You know ?  Inflation is tough , but John amd John and Justin in there postionns of John doing these deals , and Justin is the guy who takes what we have amd makes the most out of it ?  Funny ?  The real story here is these two guys are killing it. They are doing what it takes to be successful and what is going on is I see people missing out because they aren't named Paul or Grant Fagerhiem. 

    So funny ?  Those guys were 40 years old once.  

finally I will do the MIKE DROP. PRO FORMA $1.84 a share 2023 free funds flow.  My friends we are trading at $ 2.34 cents.   The synopsis was done at $80 dollar oil.  He is about to go get new bank financing.    

   Are you a flipper or did you buy a Business. I am here and I wish I couod Work with these guys and be apart of there day to day.  I say that becsause what is going on is what I did 27 years ago.   John and Justin are building there company.  There 40 or under and I was them 12 years ago. 

    I am apart of this. I am 2.17 percent not diluted .  I am here becusee we are building a company.  

  This is still foundational.  We are doing these things because they are what is needed to get proper financing. 

you have to be a certain size to do bonds and other things. 

so if your connected about the debt.  Well , for those who like to use fully diluted when doing comparisons , then take $140 M off for those warrents. Take that off. 

     However the biggest thing is ?  Your biggest criticism is the number 1 reason he did this deal.  To get rid of the holders of the debt currently. 

   Go play with Whitecap. Ifs a exellent stock and you will do well.   I want to be apart of something special from the beginning , and I clawed amd sctarchwd For everything I have.   So when I met These guys in personnel. It takes someone who has someting to see something in someone. 

    I saw !    I know if we ever failed it won't be because
we didn't try.   I know HUNGER WHEN I SEE IT. 

     SO I HOPE HE READS THIS.   CAUSE
ITS ALL TRUE.   

   GOOD LUCK LONGS. !!  You will do well if oil holds on  here in the long run.   Very very well !! 

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