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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: heinz44 who wrote (168893)7/9/2009 1:48:50 PM
From: ogi  Respond to of 312300
 
Sorry no background with SE at all.



To: heinz44 who wrote (168893)7/9/2009 5:32:07 PM
From: LoneClone  Read Replies (1) | Respond to of 312300
 
I have been accumulating SE for quite a while, trading here and there to get my cost basis down. Now that they have West Don providing cash flow, the key right now is how much they get for their share of Breagh, which should sell pretty soon. They are also trying to sell their Turkish and Italian properties, which could take a little longer. I am hoping they need the cash to pay to develop the Bowmore target they are currently drilling.

I will also be interested in the September spud in Syria, which is aiming for a huge natural gas target. There is a good board for Stratic on Investor Village, featuring lots of knowledgeable posters. investorvillage.com

LC