Mark this post! We´ll see $1 this week!
All indicators flashing a "buy"!
Solid quarterly report! Improved loss per share from (.31) to (.06)! Acquired new land! Cut expenditures!
Cash and cash equivalents (31-Dec-12): $9,725,162 !
Tax receivable (31-Dec-12): $6,383,492 !
Plan for financing in the making and about to be released IMHO!
Frontier rig 24 about to drill baby drill those infill wells! IMHO!
Enercom conference with presentation tomorrow!
Last but not least: TB still holds the SOAII card up his sleave! What lies beneath the saltdome?! Maybe the last frack will open up a huge oil reservoir! IMHO! I personally dream of "spindletop" every night!
All in 2013!
Buying time was last friday!
YIIIIIIIIIIIIIIIIEEEEEEEEEEHHHHHHHHHAAAAAAAAAAAAAAAARRRRRRRRrrrrrrrrr rrrrrrrrr rrrrrrr rrr rrr!
$1.60 here we come! Then $5.50! Then $8.50!
I agree Samson should move up soon but not before this Debt ceiling is resolved. This might be kicked down the road again. You know this will be a issue all the way to another US credit rating downgrade.
TMB could negotiate a Farmout/JV with CLR for the further developement of the Roosevelt Bakken 3-forks prospect due to Continental holding productive acreage to the adjacent leases south of Samson's. Haliburton has farm-in rights to participate in the further horizontal/lateral developement of the Hawk Springs Niobrara formation as well as the rights to further verticle developement of the deeper Perm/Penn. As for the further developement of North Stockyard it would be to Samson's advantage to negotiate a line of credit bank financing to draw on to drill the Bakken as as the Mississippian Mission Canyon in-fill wells. We may have some news after the Enercom Conference in San Francisco tomorrow...
-------------------TMB could negotiate a Farmout/JV with CLR for the further developement of the Roosevelt Bakken 3-forks prospect due to Continental holding productive acreage to the adjacent leases south of Samson's-------------------------------
andy,, I notice you no longer call it "FORT PECK" prospect.... longs here do realize that this acreage was intentionally AVOIDED by CLR and all others.. hmmm,, I wonder if it`s cuz it aint geo good? or its cuz it IS controlled by the Obama Bureau??? or both???hmmm.....
I`m SSN will have no probs selling a 100mil shares at two bits per...