The buying is relentless, feels like news is about the drop.
Will it be the closure of the 1500 boepd acquisition in Canada
Will it be Borba hooked up to the pipeline.
Will it be a progress report on 18,000 bopd West Linapacan prospect in Phillipines.
Will it be a progress report on multi billion barrel SC58 prospect in the Phillipines.
Or will it be about the helium.
GJ said in the recent stock head interview that significant helium has been found in some of their Canadian (Alberta) wells.
Has the potential to be huge imo;
Eight Capital analyst Phil Skolnick said, “Prices have been anywhere from $200 to $600/MCF.” (MCF is an abbreviation for 1,000 cubic feet.) “As a frame of reference, natural gas trades at about $3/MCF. Base case, we could see helium demand outpace supply at least until 2025.”
https://calgaryherald.com/business/...mand-for-lighter-than-air-helium-takes-flight
I mean Blue Star helium, the company that Joanne Kendrick once led, is a helium explorer and has a market cap of approx $40m, nearly double that of SGC.
The helium on its own could light up the SGC shareprice imo, let alone the significant oil and gas exploration and production assets that it also has.
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The buying is relentless, feels like news is about the drop....
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