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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (36124)	11/10/2017 7:47:09 AM
From: Goose94	Read Replies (1) \| Respond to of 203329

SDX Energy (SDX-V) top pick from Josef Schachter on BNN.ca Market Call Thirst-day Nov 9th @ 1300ET SDX is focused on oil and natural gas production in Egypt and Morocco. Production in Q2/17 was 3,707 boe/d and this should double by Q3/18, as new natural gas production comes on in Morocco (great gas price US$12/mcf versus Canada C$2.70/mcf) and natural gas and oil volumes in Egypt. The company has an active development program in both countries as well as some very attractive exploration upside potential in coming quarters. SDX is debt free and recently was sitting on US$37M before a more active Q3 and Q4 this year. Over the next few years we expect SDX to grow volumes over 10,000 boe/d and generate significant cash flow. Our one year target is $2.00 per share and our next bull market peak target is $5.00 per share. The stock would be a great buy <$0.80 per share.