SSN 0.00% 1.5¢ samson oil & gas limited

friday morning summary, page-2

  1. 14,981 Posts.
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    Nice summary Ange
    Well it is looking very strong today, and 3.3c is the new resistance point, one would think?

    As Ange said, a steady rise is both wanted and sustainable.
    It would be good to see .001c or .002c moves each day from here on. Just take a look at the chart for AQR to see what is possible in a sustained rising shareprice in a company moving forward with quality projects (Disc: I hold no AQR but wish I had got in early :)

    With three major projects about to commence in the next few weeks, there really is only way the SP is going to go. I guess it's all about timing for people.

    Some (like me) will just buy in now and add on weakness or moves up, others will hope for pullbacks before it goes, thinking time is on their side.

    I like what I see and prefer to add as I can, along the way.

    Exciting few weeks ahead folks.

    Just remember the mgmt team for a small producer such as Samson, is a very professional and capable team and we should remind ourselves of some of the phrases out of the recent announcements such as:

    "Recorded gas shows are consistent with yesterdays report and oil shows remain continuous, and appear to have improved"

    "No hole problems were encountered during this operation."

    "The liner was run incident free in just 8.5 hours, completing a very successful drilling operation that was ahead of time and under budget"

    Professional and almost clinical in their application.
    Nice. Exactly what you want in a O&G company you are invested in.


 
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