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Bullboard - Stock Discussion Forum Stream Oil & Gas Ltd SOGAF

GREY:SOGAF - Post Discussion

Stream Oil & Gas Ltd > Fatheroffour
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Post by frankythetank on Jan 24, 2013 3:03pm

Fatheroffour

I talked to Jim yesterday.  He was pretty quite about whats coming  but did say that production update will be released in the next two weeks.  He also said that they plan on stringing a bunch of news releases together to tell the market whats happening on streams front.  Very important time coming up and they better be good with there news.    As always before we find out current production the stock gets pushed down from one seller from fidelity.  I real want to see 2,000 barrels a day production.  Its behind what they projected but I would be happy with 2k a day.  Hopefully they also get the other good news out.

 

Tank

Comment by fatheroffour on Feb 06, 2013 1:02pm
So it looks like Jim missed his self imposed deadline of providing the shareholders with the operations update.  We are now 70% through Q1 with no idea whether the production is 1,600 boe per day, 1,300 boe per day, or 2,000 boe per day. I am starting to gain an understanding as to why the shareholders value this company at 4 times earnings...
Comment by frankythetank on Feb 06, 2013 2:41pm
I agree with the real lack of communication with the corporation.  Its as if they want to tell us shareholders what we want to here but then do nothing.  Its been since last almost 10 months since last news release.  Ive heard for three months now that we will get a production update.  Maybe its time we start yelling at management to get there act together.  Why put out a ...more