SSN 0.00% 1.5¢ samson oil & gas limited

the u.s. shale oil boom, page-42

  1. 470 Posts.
    Its an interesting question, at what time or price would you sell your shares.

    As the value of your account grows the temptation become even greater to sell a portion of your shares for profit taking, or sell for the fear you may lose out.


    As a long term holder or a newbie if you have been following the SSN story the more you look at the fundamentals the better it gets and the more you just want to hold onto your shares.

    I feel the biggest mistake would be to sell out too early and miss the BIG GAINS.

    Its not often a small cap share like SSN comes along with $68M in the bank no debt from May 2011 and in the 2 Hottest oil shales in the US and the CEO (TB) giving his "you haven't seen anything yet" comments would suggest to me that the best is yet to come and he has a lot more install for us.

    Well CHK have up the anti with their drilling in the Niobrara and JV with CNOOC and also with their estimations which are 3 times that of TB.

    SSN haven't even started to drill in their Hawk Spring Project and they already have two of the largest players in the project one in a JV (HAL) and CHK who will be paying royalties.

    They also have large working interests in their projects, a 58.4% Working Interest in 11,277 acres and a 100% in 9,941 acres

    With so much more growth potential, i get back to my original question
    "at what price would you sell your shares" !!!
 
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