Post by
EOIM on Dec 20, 2010 2:16pm
SNM Market Cap is now $790 million
SNM currently has a market cap of $790 million and approximately $900 million fully diluted!!!
In comparison, LFD is still less than $45 million. LFD has a huge upside!!!
Comment by
Kurd30 on Dec 20, 2010 2:21pm
I dont think there are very many people on the vst or lfd boards who ever believed that snm would go even close to this high. People gave so many reasons why snm is not the best of choices in Kurdistan, well folks, they are doing pretty good right now. Wish I had jumped in at 0.35 cents as this play has been the best performing Kurdistan oil stock as of late.
Comment by
EOIM on Dec 20, 2010 2:29pm
I think one of the reasons why SNM is so high has to do with the management. Investors are generally willing to pay premium of a good management like Lundin Group that has proven itself over and over again.