The value of this company is justifiable even without the imminent blue sky potential of the current drill.
The question as to whether or not there is gas was answered yesterday. The only remaining risk IMO is whether the gas flows or not. I am fully satisfied that the management learned some hard lessons and that the odds are well in our favour here.
Compare our risk with those who bought BPH yesterday. It has double our market cap, does not have environmental approval and both the PM and leader of the opposition say they don’t want it to go ahead. They are still waiting for regulatory approval to extend their permit. Yesterday it went up 20%
Even people who know what’s going on at Borba are investing in our junior partner with no satisfactory explanation.
The value of SGC is so ridiculous it makes me LOL.
The market will catch up eventually but I have never been so confident that I am about to become wealthy. I am surprised that it’s not too late for others to jump on board.
DYOR
Big Ga$$$$$$$, page-239
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Mkt cap ! $2.689M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.093K | 364.4K |
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| No. | Vol. | Price($) |
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| 11 | 19028601 | 0.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5778325 | 4 |
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