cash cow salinas, page-7

Yes I agree with recent posts. This is good news for SAE but the sp is hard to move. Them if it does there is the resistance at 50c.

Some quick calcs.(i use 150days allowing 30 days for down time?)
1300bpd*150days*$120/b=$23.5mil for the next 6 months. This would be $35mil for the calander year. And they have cash at bank and a possible upside of Paris Valley. WHY is sp not moving. A friend of mine has swarn himself off small oilers no matter how good they look. I am beginning to see why!!
This stock is a tease. LOL to holders. Happy New $Year!!