Worst case scenario for me is if this company gets bought out for a cheap price such as under 10c.
Companies are drilling around our leases and finding commercial quantities of oil AFTER they drill APPRAISAL wells.
Truly worst case is watching SSN get taken out as mentioned only to see the new owner go on and recover vast quantities of oil from the leases formerly owned by us!
Perple need to realise that the appraisal wells are exactly that - a well designed to learn the most about the formation. I challenge anyone to take 100 drinking straws and connect them together until they sit inside a cup of water of the other side of the room. Bet you cant do it first go either....(worst case here is if Sandy's does...lol)
I will continue to hold and await results.
Good luck all with whatever you choose.
SSN Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held
