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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 Jun 07, 2023 2:07pm
239 Views
Post# 35484879

RE:Share price

RE:Share priceThis is a growth company it's spitting out cash if you can pay back 138 million of that and the warrants expire then that is one dollar a year per share that leaves a lot of years to pay back $2.50 a share as a round number, and pay out capital Once they have their new financing and they will eventually they will be some money for the shareholders. I am sure they will give some of the savings back to the shareholders in the form of buybacks or even a small dividend while we wait to actually get a real payday , this is not for the faint of heart. If you don't have a vision if you don't have a long-term objective, this stock does not have the volume at least at this point to trade so you are either in or you are out because this is not a short term trade. This is for real investors who actually really look at a company  And know what the numbers are because if you actually really saw the amount of cash they're paying down even with 16% interest and you have patience and you could afford to wait and the big thing is you have to trust the leader ship I have personally met them, and they have a chip on their shoulder to prove themselves  and that is how I do my homework. Have a great day. 
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