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walliwalibus
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It has been on a steady decline for awhile. Day to day, its volatile.... hmmmmmm............
Is this fucked or what? Stock stuff
- Thread starter juiceddreadlocks
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[Click the star to watch this topic] SSN
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From: [email protected] - view profile
Date: Wed, Sep 24 2008 2:02 pm
Email: [email protected]
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I recently had the oppurtunity to teach at the college in Rock Springs
and was having a discussion with several of the engineers. It seems
that the Jonah Field (north of Rock Springs) was thought to be a 10
year supply but has been revised to a 50 year supply with a larger
pocket being discovered underneath. It also comes from the ground so
pure that in many cases it goes directly to retail without refining,
netting more profit for the companies involved such as SSN. More
importantly, winter is just around the corner. Soon, water for
sprinklers will be turned off and natural gas furnaces coming on.
Think about it seriously. Is the price really going to go down or is
it going to go up. I am in the camp that the markets have seriously
undervalued this position. One other note, Several weeks ago, I tried
to get a room at the Motel 6 in Rock Springs and because of the
exponential explosion of exploration and reserves in the area, with
Schlumberge and Haliburton running all around they wanted 300 dollars
a night. Might I suggest that SSN is the right play
Reply
Google Finance: Samson Oil & Gas Limited (ADR)
Not sure where all samson's leases are, but that's good news, no?
All 4 messages in discussion
From: [email protected] - view profile
Date: Wed, Sep 24 2008 2:02 pm
Email: [email protected]
Not yet rated
Rating:
show options
Reply | Reply to Author | Forward | Print | Individual Message | Report Abuse | Find messages by this author
I recently had the oppurtunity to teach at the college in Rock Springs
and was having a discussion with several of the engineers. It seems
that the Jonah Field (north of Rock Springs) was thought to be a 10
year supply but has been revised to a 50 year supply with a larger
pocket being discovered underneath. It also comes from the ground so
pure that in many cases it goes directly to retail without refining,
netting more profit for the companies involved such as SSN. More
importantly, winter is just around the corner. Soon, water for
sprinklers will be turned off and natural gas furnaces coming on.
Think about it seriously. Is the price really going to go down or is
it going to go up. I am in the camp that the markets have seriously
undervalued this position. One other note, Several weeks ago, I tried
to get a room at the Motel 6 in Rock Springs and because of the
exponential explosion of exploration and reserves in the area, with
Schlumberge and Haliburton running all around they wanted 300 dollars
a night. Might I suggest that SSN is the right play
Reply
Google Finance: Samson Oil & Gas Limited (ADR)
Not sure where all samson's leases are, but that's good news, no?
