These guys have done a wonderful job of exploration and project building, so good in fact, that they beat their own expectations and could afford to cut back the number of wells needed by quite a number, saving a considerable amount of funds because the one's they spiked are over-producing - what a situation to be in eh, there are a lot of companies that would give anything for that.
Good management, responsible and efficient and professional.
Falling USD just adds to the international price of energy. In fact if you look at the medium/long term charts, when the USD falls, energy resources are the second highest gaining commodities.
When I saw these back at 15 cents, for a company like this, then I had to jump in again.
The Greens don't like gas exploration, and I am a little bit green (I love trees), but I like gas, it's clean and efficient. In fact, the Greens don't like any exploration, so I don't know how they expect to manufacture their smart phones and TVs, it's an irony that's never been fully explained to me.
SXY is one of my favourite stocks going forward.
And a good post by MarkHGO above.
Gw
SXY Price at posting:
27.3¢ Sentiment: Buy Disclosure: Held
