This stock has been inconsistent with little or no movement on announcements.
This stock is based on sentiment and positive news, not technicals.
I brought into this with a medium - long term goal, and saw the stock is undervalued and had great potential PLUS the fact that they were on the verge of producing. Now it has happened and it looks like it will be more than what I expected it to be.
I estimated they should at least be able to produce 400 - 500 BOPD from the 2 verticals and the 1 horizontal and the news today indicates the horizontal may produce this volume alone.
I have now upgraded my estimate until they announce.
(IMO apprx 800 BOPD across 2V & 1H well) and it may have increase further.
SAE Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
