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Bullboard - Stock Discussion Forum Second Wave Petroleum Inc SCSZF

Energy Oil & Gas E&P

GREY:SCSZF - Post Discussion

Second Wave Petroleum Inc > News
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Post by tast22 on Aug 08, 2011 11:34am

News

Despite the plunge in stock prices due to panic selling and lower oil prices, SCS drilling results are largely positive except for one well. I suspect stock price will double when market stabilizes. I would be a big buyer at these prices if I wasn't totally locked in.
Is anyone still alive out there?
Comment by cookster9 on Aug 11, 2011 11:11am
This post has been removed in accordance with Community Policy
Comment by binzer55 on Aug 14, 2011 8:06am
That "one bad well" is a very big deal. SCS's BHL land is not all good, and when they start getting more dud wells, the share price will suffer. Their Pekisko is not worth much at $85 oil either.ARN is by far the better play, and those expecting CPG to buy their crappy SCS shares for a big premium will be disappointed. CPG will farm into the best of SCS's bhl play, and let the ...more  
Second Wave Petroleum Inc