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Bullboard - Stock Discussion Forum Saturn Oil & Gas Inc T.SOIL

Alternate Symbol(s):  OILSF | T.SOIL.WT.A

Saturn Oil & Gas Inc. is a Canada-based resource company. The Company is engaged in the business of acquisition, exploration and development of petroleum and natural gas resource deposits in Western Canada. It focuses on advancing the exploration and development of its oil and gas properties in Alberta and Saskatchewan. It also focuses on the development of light oil weighted assets in... see more

TSX:SOIL - Post Discussion

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Post by 1970Craig on Oct 11, 2022 8:28pm

SATURN?

So anyone else like Saturn or is it just me ?
lol     I look at what they are spitting out in free cash flow to increase production and applying towards rapid debt repayment !  

   I like that there going after old wells to refit and drill new laterals in different spots but same hole    

   So this one pays when they get results witch means not too soon  , it will go up with oil , but I think to get to 5 bucks they need to do some proving to get buyers   As well as warmers are full filled with more liquidity larger players will tap in   .  This one could be a triple bagger from here and I believe there is 20 to 50 % sooner than later maybe by end of November     We will see  they are making money and in time this should all come together anyway  .  

   Anyone have a opinion here ?

Craig

Comment by Re1ndeer2 on Oct 12, 2022 3:13pm
I'm following the stock, 25,000 reasons why...Twitter Feed from PetroGirl tipped me on this stock, analysts on TD give it buy rating of $7+....Revisiting orphan wells with todays tchnologies will/could be profitable....I'll giveit another 6 months or so...
Comment by kurt73 on Oct 12, 2022 9:31pm
Over 27 million warrants due next june and july at $3.20 makes me wonder if thats what is holding the stock back. If your a gambler you can buy the June for 3 cents. Is the benefit to have these expire or get the influx of cash?
Comment by Rational43 on Oct 17, 2022 2:06pm
The upside is a lot higher if the warrants expire, because the massive cash flow coming in '24 and '25 unhedged will be dividend by half as many shares. The stock is safer if the warrants are expired, because at a $3.25 exercize price the debt is wiped away  at a 25% premium to what you can buy it for today.   Personally I hope the warrants expire, becuase then this stock ...more  
Comment by 1970Craig on Oct 15, 2022 11:33am
  I think it's safe to say I have a few shares too !   I am here for upside and I see it.  Although it's risky.    Thank you for the Petro girl reference. I will check it out !! C 
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