SSN 0.00% 1.5¢ samson oil & gas limited

how this stock can be worth $1.50 in 5yrs, page-55

  1. 209 Posts.
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    hey richboy,

    congratulations on your success in life.

    Youre monologue was very inspiring... I lost you halfway through.

    The main thing that has happened with SSN is that they've revalued their land up tremendously. They are in a binding agreement to sell for an amount that is substantial to such a small minnow like SSN. That is cash. If some big gun company is willing to pay 60+ mil for the land, they clearly are confident that they can hit oil/gas. First bakken well was a success and second one has had significant gas/oil shows, ready to be fracced at end of July or 3rd week August.
 
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Currently unlisted public company.

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