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Strata Oil & Gas Inc. Message Board

  • thienban thienban Jan 25, 2013 4:26 PM Flag

    What is the major obstacles of SOIGF now?

    What is the biggest problems with SOIGF sitting on the "golden mine" too long? Is this due to the drilling technologies or short of money? Any ideas?

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    • "TOO LONG" I guess nothing ever goes as quick at we we all like when it come to making money. With that said, I see the technology needed to be upgraded, the company has taken its time to preserve funds to keep dilution as low as possible to just move the knowledge of our FANTASTIC ore body forward within added understanding of our neighbors properties. THE GOOD PART as I've said before. OUR NEIGHBORS are proving up our properties true values for us. Constant infrastructure improvements, other mining investments etc. with the same basic ore body all brings more credibility to what we do have secured in our leases. Any advance will only bring us HIGHER LEVELS of Extractable reserves, LOWER production costs and HIGHER Gross Profits to our program. All good, and YES-it takes time with a newer ore body that we do have.

      Sentiment: Strong Buy

      • 1 Reply to wyattkap
      • It seems with the proving up of the neighbors and their success that it would be reflected in Strata's stock price as their value has increased also as time has gone by but it hasn't. When I talked to the company in November they told me the second exploration drilling phase results by Norwest would be released by the end of the year. They told me all that was needed to release the results was for someone with the Company to sign off on them. After all that, we are into the second month of the next year and not a word. If everyone remembers these results were suppose to be released by fall of last year not the end of the year and they haven't even said a word by now. My friends and I have owned several hundred thousand shares of this stock, some shares for as long #$%$ yrs. and we are getting weary of results let alone lack of any news or imformation. It's getting close to moving on to something else. I'd say 5 yrs. is a display of a fair amount of patience especially with no clarity of the future whatsoever.

 
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