The market may see SSN in a neutral to negative position but there are plenty here who know this is the calm before the storm. They have proven to be able to secure quality partners who will help to develop the resource, have royalty payments commencing shortly and sit on a pile of cash ready to snap up further projects, puts SSN in an extremely strong positions for a small cap company.
Its amazes me how the SP drifts around at these levels, especially with 2 Bakken wells fraced and waiting on final IP rates and a 3rd currently drilling, not to mention the Hawk Springs commencing shortly.
The SP moved sharply in the first quarter of this year when the market finally realised SSN was undervalued, the same will happen again when people see how much upside potential there is.
GLTA
SSN Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held