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Bullboard - Stock Discussion Forum SDX ENERGY INC SDRYF

"SDX Energy Inc is a Canadian company which is engaged in the exploration, development, and production of oil and gas. The company owns an interest in several producing concessions such as NW Gemsa Concession, Block-H Meseda production, South Ramadan Concession, South Disouq Concession, Sebou Concession. Its exploration concession includes Lalla Mimouna Concession and Gharb Centre Concession." see more

GREY:SDRYF - Post Discussion

SDX ENERGY INC > Take over ?
View:
Post by Dow20000 on Jul 29, 2018 3:25pm

Take over ?

It is not going to happen this year or next.I have been a shareholder for a very long time,pre-split.The only thing going for us is no debt today but we will have debt by the end of the year.
The company is seeking a line of credit for $ 10 Million.The company doesn't generate enough cash for all of there future plans and commitments.The best that I project would be $ 1.50 by the end of 2019.Yes I agree to hang in there,best not to look at the share price on a daily basis,you are going to be disappointed in the short term.If you have deep pockets you can buy more under $ 1.00 and tuck those shares away.The problem is there are many other pretty girls out there.
I like ATU a lot,take a look and do your own DD.
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