As you've shared your reasons here I might do so as well
Personally I feel SSN offers some very leveraged exposure to the Oil price once it gets itself into order but we aren't there just yet
I still believe we will see Oil around $75/$80bl this year in a move that will surprise many similar to what we have seen with Coal and Iron Ore
From a technical perspective the stock reminds me of BCN in many ways which spent a very long time trading between 0.3c and 0.5c but when it's time was finally right it ran to almost 3c very quickly
SSN is still in the 0.4 to 0.6/0.7c trading range for now but one day when the stars align we will see the stock breakout and run very hard very quickly or at least that's what I'm hoping for
SSN Price at posting:
0.5¢ Sentiment: None Disclosure: Held