re: Ann: Kato-1 coal seam gas exploration wel...
agreed...still worth jumping in i reckon, if not for the fact that one of the bigger players will ultimately want to come in and consolidate. sxy is too small in my opinion to hold out for too much longer and looking at the flurry of trades today i reckon something is happening.
also one to keep an eye out for is ambassador. at 20c on listing this one could be another to watch. good acreage and nice proximity to pipelines.
only concern about any of these stocks is weather. the channel country is pretty moist and a whopping great deluge a la last year will hammer the shareprice in a big way....
but long term, i reckon it could get to high 90s before it gets swallowed up.
hold on for the ride!
SXY Price at posting:
68.5¢ Sentiment: LT Buy Disclosure: Held
