The frac and drilling might have been quiet since Gary #1-24H last year in September, but that hasn't stopped the progress of SSN or its Share price from doubling within this time. It goes to show the confidence investors have with Management and their ability to deliver what they promise.
If you look back at their presentations over the last 6 months, even with some delays, they have achieved what they set out to do.
Put cash on the balance sheet
Farm in Halliburton who has the ability and equipment to help with the development of the Niobrara.
Now Frac dates for Earl #1-13H and Rodney #1-14H in march
SSN have done everything possible IMO to give Shareholders the best possible chance for success, especially in the Hawk Spring Project.
So when TB makes predictions about the company in its operations or its share price I no reason to doubt him.
Its going to be one on the most exciting period over the next few months for SSN and im glad to be a holder.
SSN Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held
