SGC 11.1% 0.4¢ sacgasco limited

Ann: Trading Halt, page-21

  1. 1,743 Posts.
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    Perhaps a capital raising. The partner in the well is not under trading halt. I checked the news - no rigs on fire in California, therefore it's not a black swan event.
    But with 14 ppg mud, we've got a lot of pressure down there. Perhaps lining up funds to drill another well ????? Now that sounds good.
 
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