Post by
shambano1 on Nov 07, 2014 9:49am
q3 not even out yet
I think investors might change their minds after q3 comes out.
I think q3 exploration was very successful and CF should be decent.
as long as dixonville is back online and then things should start to stabalize.
on the dividend front, they are not getting any credit for keeping the divy, with the super high yield even if they can afford to keep it, so I agree get rid of the dividend.
I think most yield investors and retails ahve been shaken from this tree, so any impacts of a elimination will be small if any, we might actually go up because they will have extra cash to pay down debt or increase NG drilling at Noel in 2015.
88 low risk drills waiting at Noel, and this future resource in no way included in the current SP.
oh well, O&G is volatile , but trust someone will make a lot of money buying SGL at 1.00. but it will take time for the markets to regain their trust and rightfully so.
I'm a little long and biased so DYODD