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Desert Gold Report Results from 3,900 Meter Phase 2 Exploration Drill Program (click to learn more)
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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 > Disaster
View:
Post by bakken13 on Oct 11, 2012 3:46pm

Disaster

How could a company that was drilling 2000 boed wells be trading at 80 cents?

Obviously those wells weren't as good as advertized.

Comment by MustangMatthew on Oct 11, 2012 4:23pm
Every thing is there on Sedar, you just have to read the MD&A and financials.   Some of those big numbers are peak volumes, all the numbers are there.   I have no clue why the SP is falling apart still, other than tax loss selling.  I am pretty sure Nuttal was a major holder of this paper and when no buyout came I am sure he dumped and moved on talking the share price down as he ...more  
Comment by bakken13 on Oct 11, 2012 6:43pm
Actually, SCS dragged ARN down after their failed sales process, but now they seem to be dragging each other down. They both suck.
Second Wave Petroleum Inc
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