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0.5¢ sacgasco limited

You'd expect closing the gap back up to 8 cents would be a...

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dcob

3,772 Posts.

251

08/04/21

08:11

Post #: 52317722
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Originally posted by wisenut: ↑

Going back to the independent report we should still see 50bcf now confirmed these are no small numbers SGC was at a Sp that reflected gas finds to date if the lower levels failed the SGC would have not gone up but why did we went down so far is a mystery to me absolute Bs , Borba is successful just not a multi tcf play ,do the sums for income from this well the porosity is excellent ,the size of the now confirmed reserves ,tiny Mc ? it did not need to fall at all in my opinion has anyone got a sp in mind if flow rates are successful?

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You'd expect closing the gap back up to 8 cents would be a logical target for many. Trading is all about human emotion and it only needs a few like minded people with the same thought process for that 8 cent gap to become a magnet. Way oversold and i'd expect a reasonable percentage of the gap to be closed over the next week or so.

SGC Price at posting: 3.1¢ Sentiment: Buy Disclosure: Held
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