advisory 30/7, page-9

yeah, SSN has been a craper for most people including myself.

I started buying at .04 cents and bought all the way up to about .18.

Not sure what my average was as I like the Ostrich approach to my problems but I think it was around .07 and I sold about 2/3 of my holding when it got down to about .05 but I held enough to be now sitting on a loss and my accountant will no doubt give me another lecture about the penny dreadfulls soon.

I am now buying again sub 3cents and not sure if that is a smart move but I feel its a safer bet now than it has been for a long time as we are targting proven fields and only have a relatively small market cap. Any thing is possible and if they screw up Nth stock yard well go below 2c and maybe even 1c so there is still plenty of risk. The other risk is the oil price and we need it above $70bbl (TB's words)so there is risk there too.

I'm not sure if well ever see 20cents again but i suspect TB will target even more Bakken acreage on the periphy and if he can make that productive there could be some good upside.