SGY solimar energy limited

selling over, exciting six months ahead

  1. 41 Posts.

    Evidently the selling has dried up post the Guijarral Hills well disapointment. Stock wants to drift upward.

    The 33 million barrel targhet Paloma Well is due to spud later this month, and will create nice news flow.

    Along with the likely TSX listing, Zodiac recommencing activity at the Jagaur prospect (SGY 1.15% +Royalty), and the main event, the Kreyenhagen prospect later in the year- a very exciting six months await Solimar.

    Research coverage should also improve along with their Toronto listing. Currently no major brokers yet cover the stock.

    With crude also rising strongly again ($98.66), this bodes well for shareprice performance.

 
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