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According to the interview report in Malcy's Blog the drilling campaign should get going this month so with the Freeport restart coming up.too should be a good news bonanza imminent.
Define imminent please.......
Thank you, but I already know what it means. I was just wondering if you did.
Clearly I do.
Have doubts you know what DYOR means though.
Investing is a game for the patient. Horizons should be years not hours. However there is much information, including but not limited to the timing of results announcements, to suggest Nov will be a busy month for news impacting the SOUC share price.
Indeed. A "bonanza" I've heard.
We'll see.
It's my own research which has informed me you have a very strange loyalty to this company, even after the badly handled corporate mugging of a share placement. You talk it up constantly and I've been In it long enough now to know these "good news" deadlines are consistently missed.
You underestimate me.
Not really some of the good news is tied to regulatory deadlines so won't be 'consistently missed'. Of course the start of the drilling campaign has been delayed by rig availability, but it is anticipated it will get underway this month.
I see no reason not to be loyal to a company I have a significant investment in. In fact it would be strange to invest if I didn't have faith in them coming through.
Kind of makes me wonder about folks that inhabit bulletin boards to talk companies down. Can't be investors which suggests a sad outlook on life.
Not a sad outlook at all. A realistic, honest outlook from a pre share placement and therefore, current investor.
So that assumption is wrong too.
These discussions are called a thread for a reason. I'm sorry if that's inconvenient for you.
So you didn't recognise the potential of the company early enough, bought in just before the placement and are still down on your investment as a result. It'd explain your crying over a 'corporate mugging'. As I have indicated previously maybe you should do a bit more research before investing?
The placing was done to raise finances to fund near term growth by acquisition and/or by exploitation of existing assets. The drilling programme that is about to start will hopefully result in a step change of SOUC's production at a time when gas prices are at historic highs. I expect the SP to increase as a result.
If you can't wait to see the benefits of that then take your loss, invest somewhere else and stop whining because your aspiration of an instant win hasn't been met on your expected timeline.
You are becoming tiresome and contribute nothing constructive which is both strange and, yes, sad for someone that claims to be an investor.
I
I am neither crying nor whining. I do however think it's constructive for people who may read your posts to realise the history of them. For instance, you have a different story about the reason for the share placement every time you post on it. You don't know however.
I'm tiresome because I don't hang on your every word on this company. I'm tiresome because I'm bringing some balance to the discussion. It's sad you feel the need to attack anyone who doesn't follow and automatically accept your word on these things.
If I'm tiresome, you're arrogant.
Comments and criticism are understandable. Some might remember my annoyance at the time of the cash raise. Subsequent explanations for the step restored confidence.
Whilst precise timeframes are unknown a final add-on @ 63p - admittedly £2k only - was made last week. If anything I am lower in belief of turnaround in our economic recovery than SOUC's medium-term future.
Decline rates have been commented on in the past and were the subject of comms with Bruce Oksol and others. They are a factor and were one of the reasons for the ~$30m cash buffer . . . have the resources in the bank in order to maintain a continuous drilling programme.
Back up 7% on the TSX otentially recoveringvall of yesterday's drop.
You are spot on about folks having a grasp of the history of postings. Those that do might struggle to relate to your suggestion that I offer a different explanation for the placement 'every time I post on it'.
Pity you now seem to be entering the realms of fantasy.
Weather in Washington will be 21 over the weekend but from thereon it will drop dramatically to 10 degrees day and 1 degrees night so all being well the NG should start to tick up
Weather in Washington will be 21 over the weekend but from thereon it will drop dramatically to 10 degrees day and 1 degrees night so all being well the NG should start to tick up
Nymex back solidly above 6 today.
Not enjoying a haemorrhaging SP but said I would hang in until H2 2023.
Well aware that 8Capital could start withdrawing but believe we can get to £1 beforehand . . . and beyond (?)