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Bullboard - Stock Discussion Forum Scorpio Tankers Inc STNG

Scorpio Tankers Inc is a Monaco-based provider in the transportation of refined petroleum products. The Company involves in the oil, seaborne transportation of refined petroleum products from the tanker industry to the international shipping markets. It operates through four segments: Handymax, MR (Medium Range), Long Range 1 (LR1)/Panamax and Long Range 2 (LR2)/Aframax. It consists of 113... see more

NYSE:STNG - Post Discussion

Scorpio Tankers Inc > Question..................
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Post by Stockmoves1 on Mar 08, 2022 12:52pm

Question..................

I see all the shorts are here... and I see STNG is back to where it all started... I see calls for 3cts from the shorts.... I see a decent cash postion and TUD's shares in this play... I see 50mill shares and aprox 4mill in cash not to mention any value for these properties... so at present it would appear for every share u get equal cash plus property thrown in for zero?? luv to get some dialogue on this apart from the typical bashing crew.. at a dime I dont see a lot of risk here with gold showing such strength.... I also see traders being very very leary after taking a pounding but these plays will turn.. buy on fear sell on greed....
Comment by Stockmoves1 on Mar 10, 2022 10:57am
IN 1/4 at 105............................ trading at cash value.. properties thrown into the mix for free.. cant refuse......
Comment by phantoms on Mar 20, 2022 1:10pm
reading sedar last report in september  i see that stng is in default on many properties in year 0ne regarding the option agreements.it is strange we don t see any report on the 700000.00 spent on the dunwell property. other topic is nothing happen probably for 6 month in the golden triangle due to the weather  my question is are the managment paid during this period, if yes what are ...more  
Comment by bigboy999 on Mar 20, 2022 9:19pm
Good points phantoms. Looking forward to AMK, TUO, SVG, TUD, and STNG 2021 year end financials due end of April, and then the same for 1st quarter 2022, due end of May. I'll be looking at a number of other companies as well but these are the ones that are directly or indirectly (through partnerships or joint management) involved in the Treaty Creek project. There are a lot of informed posters ...more  
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