K, D & any one I missed my apologies
October is quite an introspective month for moi.
This makes one remanisant of really bad experiences in HC land.
All except 2 of my posts recently have been moderated on another HC forum because the good old gang from FAR Facebook (3 moderators on the books in 2017) have a vested interest in this stock look at FAR now! I was associated with ~ a dozen people from this FAR group and we collectively had around 2 million dollars invested in this company circa 2017. A handful of people managed to overt a disaster by listening to my advice via other means of correspondence. I don’t want to make this post political. I just want to warn people not to invest in the HC Daily Billboard Stocks and DYOR always, don’t swallow the cool aid. These Delusional Fools are trying to manipulate peoples view for supposedly monetary gains on stock forums. They are nothing more than Selfish Bullies and Dumb Lazy A55 Cowards, lying to themselves (multi nics), to friends and family and ultimately it all ends up in a disaster and divorce both financially & emotionally…….. Quite demonic in a spiritual sense.
In short I’ve decided SGC will be the last stock I impart any more knowledge on for what it’s worth.
I’m a snake in the Chinese Zodiac so time to shed the old skin, HC is overrated and it under deliverers.
I‘ve repaid my debt to the poster that put me on my path post 2008-9 Stock Market Crash many times by sharing like he/she did. My eternal gratitude my friend!
Now let’s finish the Job!
CYCLES
My Modus Operandi in Investing is
a Cycle has to be present first and foremost.
SGC Cycle chart displays 2 Primary Crest Cycles a 3 year and 5 year. Cycles simplistically are a
Time and Price correlation. There are a few more cycles within this historical chart but I’ll leave that up to the viewers. Note Cycles can expand and contract as a rule and alternatively they can hit the penny on the head so to speak (synchronicity) this is all dependent on your parameters; Time window chosen, remember Time is the constant.
Sure as the Sun rises and sets SGC is headed for at least 20 cents in the very near future.
Cycle 1/6 -Financial Maters
Cycle 2/6 - Communicating plans
Cycle 3/6 - Solar Eclipse
Cycle 4/6 - Gas Prices
Cycle 5/6 - Progress and surprise
Cycle 6/6 - Progressand surprise/ Financial Maters
Cycle 7 - Gas Prices
Deeper down the Rabbit Warren in Cycle Work is the above Astro Cycle Chart which is proprietary in nature and is a new concept even to present Mundane Financial Astrologers rational. This Cycle of 6 has performed quite well and is on point with an intermediate high occurring on 6.These Cycles don’t have to be sequential in nature….. Just present at the start of a move up. The observant will notice I have introduced 7 which is related to Natural Gas Cycle as 4 is, I was just waiting for a Cycle 7 Replication (3 maximum is a commonality in a Gregorian Calendar year). These particular cycles can cluster together and form a base which is my interpretation at the moment. Therefore the Window opens from the middle of August to Middle of November, we have Cycles 6,2,1,2 predominant, remember they pertain to what’s going on behind the scenes @ SGC weather they communicate this to the market time will tell.
Note: The last post on this subject Imentioned 6 will move up into 2 from previous observations.
Cycle of 6 (Annually)is present at every Cycle Crest (3yr & 5yr inclusive, the fuse is lit), currently we have that in play and some…… you will observe I’ve decided to expand this chart to 3 a sunny day in December. Yes folks!!!!
We have a first in 15 years a back to backCycle of 6 within a Year, more on this latter.
This was the main driver in posting the Yum Yum Continuation Pattern Chart previously.
Technical Analysis (TA)
Follow the Yellow Brick road folks. Note the first set of (4) parallel red lines are in a stair case pattern with the final step reflecting ~100% Rate of Change (ROC) in the Share Price (High @.039 cents). The second set (2) Red parallel lines to date are already ~70% ROC I’ll leave the rest up to your own interpretation.
From a volumetrics point of view refer to the Astro Cycle Chart you’ll notice the SP keeps punching up to higher highs on Volume which is what you want to see in a bullish stock performance. The whole move started with a high volume low in March. If you can’t bust them down folks you bust them all the way up with stronger hands holding the stock. In the past week we revisited the swing point @ .037cents on a completion of AB=CD move down with ~ 1.5 M shares traded for the week,
this doesn’t fly folks, on a daily basis just over 400,000 shares tested this swing point. We punched thru this swing point on 3 different occasions going up with a supply chain of ~8,7 &6 M respectively on a weekly basis. Note there was a line wipe last week of ~ 500000 shares @ .04 cents sellers getting sucked in. Sure we’ve had a 50% retracement on the last leg up but in the context of the whole move up we have only retraced 27% still extremely bullish on all fronts.
A coiling up pattern is present for the next high volume leg up for a Capital Raising at higher prices refer to Astro Chart for timing.
The window opens this week on Cycle 1 and concludes 1st week of November.
My methodology is extremely scientific it’s just maths, these Cycles can be interpreted many years in advance quite a powerful timing tool!
Borba Potential Resource
“To know your future you must understand your past” - George Santayana
IMO – Borba the Beast Resource Estimate falls between Tulianyo
6.3 TCF PIIP and Orca -1 Well
13 TCF Gas Discovery of the West coast of Africa. Time will tell.
Note well markers:
Base of Fresh Water 1680’
Top Kione 2300’
Top Guinda 5800’
Top Channel sands 7900’
Basement 9200’
TOTAL DEPTH 9300’
Drilling Permits and approvals
SGC advised drilling approval for Borba Natural Gas Well on 26TH Sept 2019
http://www.sacgasco.com/wp-content/uploads/2018/01/Drilling-Approval-for-Borba-Natural-Gas-Well.pdf
In accordance to this:
CalGEM typically makes quick work of its drilling approval requests, processing and issuing most drilling approvals within a week. The agency has strong incentive to work quickly, as by statute, CalGEM must respond (at minimum, a formal acknowledgement of receipt) within 10 working days or the NOI is deemed automatically approved (although CalGEM can potentially extend that period by issuing a document known as a notice of abeyance).
After receiving approval, an operator must begin operations within 24 months or else the approval will expire.
https://www.law.berkeley.edu/wp-content/uploads/2020/04/Legal-Grounds.pdf
For readers thathave any reservations on the drilling of Borba 1-7 in 2019:
We are Drill Ready with minor permitting to follow!!!!!!!!
Addition to Perth Basin Comparison – SGC & STX
http://www.sacgasco.com/wp-content/uploads/2018/01/Investor-Presentation-31-August-2020-Borba-Project.pdf Page 9
Gas prices
It's tremendously difficult process to present a PG & E Citigate Chart on just a detached 1 year linear chart. I respectfully declined PG & E Citigate offer of $3000 USD for historical Data(1970’s to current date) on this subject in order to create a more accurate candle stick chart on Excel. The chart below illustrates my suspensions in Natural Gas price action in California. Please cross reference this with Astro Cycle Chart, Cycle 4 & 7 inclusive.The 3 Drive Patter is an extremely bullish Pattern similar to Butterfly Pattern(Harmonic Patterns) they can expand quite aggressively.
Current Production
On 14th July 2020 SGC announced the completion of
Stage 1 Work overs producing 550mcf/d.
http://www.sacgasco.com/wp-content/uploads/2018/01/Initial-Workovers-Increase-Gas-Flows-in-Sacramento-Basin.pdf
Forward looking September Quarterly 2020 ~40,000 MCF in production all things going well. Provided recent work overs are in line with prognosis and seasonal rising gas prices there could be more on the cards “Smart Capital approach” was GJ’s terminology on June 4ths Webinar.
Stage 2 Work overs – Rio Vista will most likely coincide with the next Capital Raising in late October to early November @ higher SP prices(refer to Astro Cycle Chart 1 & 2). The magic mark for Rio Vista work overs is $3.50 USD Gas Price (refer to PG & E Citigate Chart). I previously posted my projections for Rio Vista production being ~ 290mcf/d after a change in Jewellery as GJ puts it.
In Conclusion
Imentioned 2 month ago we are expecting;
More Gas Lease Acquisitions in Sacramento Basin
Borba the Beast Specifications
RioVista Work over
Rio Vista Farm out and free carry (1 well- Rec Board 5)
Dempsey 1-15 Workover
3D seismic
All Bases areloaded Folks!!! Just waiting for the batter to hit a home run.
GLTH – Stay positiveit’s only a matter of time the price will follow.
Cheers
BI
(20min delay)