Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I have written lots of articles here but this one is a little different, this one is all about our company – The Steam Oil Production Company Ltd. I’ve mentioned us now and then and I’ve also written about steam flooding technology and its potential, but this time I’m going to tell you a lot more about us. There is a good reason for that and it’s because we are looking to capitalise the company so that we can take the company forward.
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Comments
DUCK AND DIVE
Good to know that Mrs W is up for it.
wildrides
I am still waiting for Dr Ali steam flood report number 462 so I think not . Nor would I consider myself a high net worth
sophisticated investor . LGO is a better punt at present , after Tom has kicked chunks out of it relentlessly for the last couple of months . Evil must be delighted with the inadvertent help with his LGO shorting.
This tip is a nonstarter …………….. OPEC output activities have done nothing to stop US production output up until OCT 2015 but cap it flat . ZERO reduction . Canadian output is growing fast now and US 50 state output is forcast to start growing again next year ( when debt ridden frackers pass on their assets to dept free companies ) Oil price is low and forecast to stay low for some time . The project needs $45 – 50 to be economic and its not going to attract any major at current prices …………. not even at $70 a barrel . Its dead in the water . Kiss your money goodbye down a bottom less pit .
P/s 80 metre aint shallow
Steve Brown
Wildrides,
Glad to see you are in… why don’t you email me and I can try to talk you out of it.
All the best,
Steve