SGC 0.00% 0.5¢ sacgasco limited

88E had to shut their well in for 6 weeks to try and get...

  1. 1,377 Posts.
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    88E had to shut their well in for 6 weeks to try and get pressure to build up, SGC has the opposite problem they have to get high pressure rated equipment to test it. I know which situation I prefer.

    "Due to the reservoir formation pressures encountered while drilling, high pressure rated equipment is being employed for the upcoming operations."

    A 3 week wait seems like an eternity to day traders so they'll exit. But 3 weeks will give the share price a chance not only to get back to 20c but through it.
 
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