SSN 0.00% 1.5¢ samson oil & gas limited

fracture results, page-3

  1. 14,981 Posts.
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    Yes, all in good time is right, but I suspect, or hope, that the selloff is related to impatient traders who bought in for frac results.

    TB has always been on the mark, and I suspect always will be.

    I am also however, a bit fan of regular updates. He tends to only update the market when he feels it is necessary, which is fine but it can have an influence on ST volatility as SSN does attract ST money, which in turn effects LT holders.

    That said, on the Earl well alone, the stimulation plan involves 20 stages. On April 4 hey were up to stage 4.
    So of course it is no small feat still, what they are doing.

    So one must balance patience with opportunity and I won't be overly concerned unless I see a massive dump in numbers, but as long as I see buyer support, then that's fine

    Coming off a 20.5c recent high, to a 17.5c current low, with fraccing results due anytime, you'd have to have rocks in your head to sell at these levels so I added a final small parcel at 17.5c and will now wait to see what happens from here

 
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