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

To: Paul Senior who wrote (42327)	4/19/2011 8:30:54 PM
From: E_K_S	Read Replies (1) \| Respond to of 78594

Re: Samson Oil & Gas Limited (SSN) This is what I have been waiting for. Samson O&G Updates Ops at North Stockyard Oilfield Samson O&G Ltd. - Tuesday, April 19, 2011 Samson O&G advised on the three active wells in the North Stockyard Oilfield. rigzone.com The Earl #1-13H has been under flow back since April 13th but the 19 frac plugs have yet to be drilled out. The flow rates will be published later this week when the plugs are expected to be removed. A work over rig is already being mobilized to the Earl well site, and is presently expected to initiate the plug drill out either late Tuesday or Wednesday of this week. After completing the drill out of the Earl well, the work over rig will move to the Rodney #1-14H location and conduct the drill out of the plugs in that well. Separately, the drilling rig that is to drill the Everett #1-15H well is currently being mobilized to the well site. The rig move is being hampered by poor weather conditions and the spring thaw of the well sites. Upon completion of the mobilization, the rig owner is planning to undertake repairs to the rig before commencing drilling, so the spud is currently expected to occur the last week of April. ----------------------------------------------------------------------- If positive flow rate, these three new wells should add additional value to the company. EKS

To: Paul Senior who wrote (42327)	8/11/2011 4:14:04 PM
From: E_K_S	Respond to of 78594

Re: Samson Oil & Gas Limited Sponso(AMEX: SSN) - increased position by 12.5% Richmont Mines, Inc. Common Sto(AMEX: RIC) - Closed out position (37% gain from 3/25/2011 buy) Nokia Corporation (NOK) - Closed out position (ended up a value trap for me) A few trades today taking my small gain in RIC (maybe re enter at lower price), adding shares to SSN (value story still remains compelling) and closing out position in NOK (may revisit stock in 31 days). Also got a sizable fill on MHRpC for a dividend capture. Quite surprised I got my shares on a low ball bid of $24.95 as I had sold shares early last week for $25.30/share. Not too sure what is going on but i expect these to be called at $25.00/share of s/b to sell at higher prices to free up cash for more buys. So far a pretty exciting week. Do we end up down 500 points tomorrow? I would like to see a bit more stability in this market then maybe I could commit a bit more of my cash. For now, I plan to error on safety and nibble at bargains as they continue to move to my value targets. EKS