If we have the goods it is going to really bring home the mania of the last few trading sessions with O&G plays. How ROG can be up 800% on an increase of 13m of net pay blows my mind. Don't even get me started on 88e. As posted before, they pump this every couple of years. I avoid it every time because it will be back below 1c in no time at (unless of course, this time it is different!). If the model is proven at Borba then we have an asset of value and substance. So does a 100, 200 million MC look crazy then? Jeez, 88e had a MC of over 800million at one point. The massive caveat to SGC is we could be a duster. But the signs are pointing to something else.
SGC Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held