ssn overvalued here imo as well, page-17

Hi Fatpizza

Thanks for your feedback and yes I do agree with you I am not as optimistic on SSN as I was a few weeks ago and it had nothing to do with emotion but more to do with the results from the June 19th announcement. In my last 3 posts I have given a very detailed response using facts and figures as to why I no longer hold SSN believing it now carries more risk at this point in time.


If I do post, I will not be a basher of SSN as I believe people who take pleasure in ones misfortune are as LOW as one can be. I will attempt to decipher and give my point of view because I have researched SSN for a considerable amount of time and know a lot about the company and think some holders may appreciate my view be good or bad. It will be up to each and every individual to do their own research to decide if SSN is right for them.

I will wait for results and believe after SOA#2 (Depending results) SSN may not drill another well in Hawk Springs or Roosevelt for the remainder of 2012 until they have collected all the data, done the 3 D seismic (in Roosevelt) and wait to see what HAL or FPEC will decide.

I do wish holders all the very best

Cheers Matsim