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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (39686)	10/15/2010 1:39:09 PM
From: E_K_S	Read Replies (2) \| Respond to of 78748

Hi Paul - Samson Oil & Gas Limited Sponso (AMEX: SSN) Does SSN report their earnings in $AU or $US ? I believe the $AU trades at parody with the $US (based on today's quote - 1st time in 25 years!) and thought with the potential of more QE2 and debasing of the $US, SSN might also be a good currency hedge. I am looking to start a position but did not know what percentage of their assets were located in Australia. Also, I was not clear if any of their domestic earnings would be subject to that natural resource tax the Aussie Gov was proposing. It seems that SSN could provide some additional value (as a currency hedge) other than through their E&P operations. Any thoughts? EKS