"The first clue that this thinking was affecting junior oil stocks was when they did not benefit from the last $20 move in the price of oil, up to $125/barrel."
I thought, in our case, that because we have a hedge in place at around $102 per bol ... is the reason we didn`t see a rise in our sp whilst the world oil price was spiking... I think it was acreage or alactrity who mentioned about the hedging a while back... can someone confirm please?
SSN Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held