Second Wave Petroleum Inc SCSZF

CORAL HILL - CPG presentation about BHL

[youtubefan]

1)    Coral    Hill  has  similar  production  to  SCS. Check their website.

Coral Hill has  76M shares currently. According to some personal info I have, one has to pay around 8$ to buy shares of Coral currently. Do your personal research to confirm.

So Coral Hill, another Beaverhill Lake peer, has an EV  about  $550-600 M currently  excluding  any bank debt or convertible notes as I do not have any access into such info.

SCS has EV=$160M currently!

 

2)    One  of the  most successful  canadian investors and fund managers Bruce Mitchell owns also 7,7 M shares of SCS as another poster posted few days ago.

 

This is all beyond my comprehension. I believe CPG  plays games with the market makers here.....CPG has an agenda.....Read  CPG latest presentation and what they say about BHL play which is still at its infancy  for  them....

[bakken13]

Coral Hill can raise money at will. SCS cannot. Simple as that. And I wonder if Coral Hill's share price is still $8? Somehow, I doubt it.

[youtubefan]

It seems you have no idea about investing. Although it is a waste of time to educate you about the basics,  I can tell you that CORAL dilutes at will and SCS can dilute at  will  ANY TIME too. However it is not necessary as SCS has said multiple times that it can grow even within a cash flow budget. Read the OUTLOOK as of Q2 again. SCS hits wells of 1,000 boepd  because it sits

[nlr2]

Coral Hill is at $4.25 currently according to Liquidity Source. So quite a fall for them also. SCS only ends up with 40% of the 1000 and the government regulates the rate and maxes it out at 250 fairly quickly so it hardly matters.Coral Hills has a giant land posistion and as a privateco doesn't have to deal with normal shareholders which is a lucky break. SCS will at some point limp their way

[oilnvstr]

Coral Hill currently about $5, but have no debt

[michelleb33]

This is crazy. Once the presentation comes out this goes north to 1.10 to 1.20. Then I will laugh at all the weak sellers of late.I dont know much but I beleive this.To better times everyone.