SSN 0.00% 1.5¢ samson oil & gas limited

ssn ready to roar, page-7

  1. 8,334 Posts.
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    "Samson paid off its debt and bolstered the cash it has sitting in the bank, making for a very nimble operator. Since it trades at less than five times earnings it offers a more attractive valuation than peers EOG Resources (NYS: EOG) , at 52 times, or Brigham Exploration at 38 times."

    Other junior oil and gas co's would die for a free write up like that.

    Puts SSN into perspective, and at these levels with the current drill program, she is a screaming buy.

    Prove up Niobrara, or Ft Peck this year, and we can look forward to the ADR's providing us with similar pe levels?

    Once they move, ASX will tag along for the ride, so I feel the next run will be US driven, and last night may have been the start?

    Regards to all,

    TCG
 
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Currently unlisted public company.

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