Set for a massive rerating soon, page-236

Good morning Punters,

Yesterday morning I posted on the SGC forum my thoughts on a potential very near term CR to lock in funds for Borba as the final step to finalize the WI / 3rd party farm in agreement that is being worked on in the back ground.

It’s IMO the way both stocks have traded lately is a sign of Sophisticated Investors offloading stock from the last raise to fund the next. Rinse & Repeat!! This could (IMO) occur following the GM scheduled for tomorrow, for both companies.

Look back at both charts (Xst & Sgc) following their announcement for the .0025 & .035 placements, both companies were sold down then ran +100%. The sell down was SI offloading to fund the raise.

IMO news in very close..... if it takes one last raise to lock in a spud date, then bring it on. Don’t be spooked by the trading, you will kick yourself if you depart now.

All of the above is 100% IMO, GLTAHs (XST & SGC)

JW

(disclaimer I hold SGC only)