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robbo
05-01-2005, 05:59 PM
Hi to all The Good and The Great.... out in Sharetrader Land,

Hope everyone is Having a really Fab holiday, I certainly am, having flown in fron Honkers and now longing around Coolangatta/Tweed Heads... Qld-Gold Coast--it DOES make you know your luck to be an Australasian...

Do also hope that you all had a beautiful 2004 Share-Wise, certainly I thank Providence for having had a bit of a ripper,(thanks Very Much to SEN, MAL, PPR, FAN, ATR, EMI, HHL etc etc.......>>> and I do hope that the Year 2005...>>>... also can bear really excellent FRUITY LOOPS, for all at The Crownie Pub and of course here at Sharetrader....

Anyway, here at the Beach, and away from The Crownie's ante-room with its Spreadsheets, Annual Reports and Data Crunching Software Programmes, I'm afraid I can't give everyone the usual speel on the ROE, Market Cap, no. of shares on issue, PE, and "The Numbers" vis-a-vis Samson (SSN)--except to say I believe it is anotherMatilda (MAL) like opportunity and for those who are a bit brave and get in early or now its GOT huge huge UP side...:);):)

Clue for those skeptics and researchers among us...and that is actually a good Investor attitude by the way...Compare the Samson stock and its recent Kestrel acquaition in Omaha USA and the Natural gas play this privides on relatively tightly held stodk with Tommahawk--THK--Tommahawk energy which went up around 400% from memory over the last few months..hmmmmm [:p][:p][:p]:)

Do the numbers yourselves...also check out from the Samson announcements who Samson are grooming for CEO, and you'll see why Robbo reckons this could be a very nice profitableLow risk Gas play

At 30-50 cents--SSN is a steal in my view...as per Senetas at 5-7 cents, EMI at 9 cents and Matilda at 24 cents...

Naturally do your own research, consider the risk/reward ratios for yourselves and do not take this as investment Advice etc etc,

Got to go and catch a wave before another crownie is needed,

Kind Regards,
Robbo:):)

yogi-in-oz
05-01-2005, 07:38 PM
:) :) :) :) :)

Hi Robbo,

Glad you are enjoying the hospitality on
the coast ..... :)

..... maybe we should add a few other facts
about SSN.

Facts like, despite the good story:

It will remain thinly traded due to
the Top 20 holding around 70-80%
of the tradable stock.

Backing that up, price has not moved
at all, since 16 December 2004.

Even with the recent issue, there's
only about 10-15m shares available
for BOTH traders and "investors", so
this stock is may be destined to
become another PSA.

Because it is so thin, it is also
very volatile, moved down 50% in
1 day (22042004) on a volume of
just 10,ooo shares.

..... and of course, the opposite
holds true as well, it can also
move up fast.

-----

Many traders will stay away from SSN,
because they cannot get enough stock
to make a decent trade, without moving
the market significantly.

Sure, experienced traders can scalp
some bucks, but this is not a stock
for the faint-hearted ... meaning
you had better be prepared for the
big dips, before a long wait until
the next rally.

Soon, SSN will likely dip to around
.20, before it recovers again .....

happy trading all

yogi

P.S. ..... holding PSA and will hold SSN again,
when the TIME is right.

P.P.S ..... drink more Fosters ... FGL looking good ... :)


:) :) :) :) :)

robbo
08-01-2005, 04:43 PM
Hi Yogi.... (heh: is your nick-name a derivative of one of my ALL TIME--fave cartoon characters..from Jellystone Park with Snagglepus, Boo-Boo and The Ranger and all the Huckleberry Hound Gang.....Ie: none other than Yogi Bear..or is there some other more obscure rendering applicable ??!!??)

Yogi -I have moved my Samson thoughts/comments/discussion.... over to the other thread originally started by my learned & esteemed colleaugue "Tommy"--as it was kindly pointed out to me that a Samson thread already existed--

Have taken you excellent thoughtful commnets "on-board" Yogi-- BUT, all the same ....don't feel we'll see 20 cents on SSN again in a big Hurry !!...at least that is from 'where I sit...

But 'tis great about what makes Up "a Market" ie: different views & opinions on valuation and for every sucker buyer like me....[:I];);) there's always a smarter more astute Buyer--heh what?? Toffee--Apples and Pollywaffles.. !! ... indeed !![:o)][:o)][:p]:)


Do sincerely Hope your Share Trades and Investments do fullsomely and handsmely in 'Year '05.. Yogi...I am quite sure they will.

Kindest Regards,

Robbo.:)

robbo
14-01-2005, 04:39 PM
SAMSON (SSN)

Up 18.5% Today, (but admitedly on smallish volumes) and check out The....Buy Side.... Depth...

As I've already said; I am predicting/guessing --;);):) that Samson (SSN) could be the Next Tommahawk...

Kind Regards,

Robbo. :)

robbo
31-01-2005, 11:36 PM
Samson:
SSN

Howdee Gang,

Up 17 % Today and will, in my personal view//opinion really BEGIN NOW to BUILD up a Decent Head of Steam..

If your convinced...and only if!!...then I would ...IMO...NOT leave Samson (SSN) any much longer...and that is NOT meant as a RAMP...just my READ on the whole upside from about anytime NOW....on the overall situation ..

Very much possible potential...IMO...,as I have said repeatedly; in previous posts on This SAMSON (SSN) thread.... to be another Tomahawk: (THK) [:p]:):)[:p]

Check out the NEW 43 Page Samson (SSN) Investor Presentation posted by Samson (SSN) on today's ASX announcements... heh ...are you there .....>>>>....Tommy your better at Cut & Paste than old technically illiterate...... dummer than dummer Robbo butter fingers [:I] [:o)] [:o)][8D];..... on the computer, why don't you do us a fave, and wack it for up on Sharetrader for us all :):) !! ??? please !! ????

anyway...do watch this one (SAMSON --SSN) very closely, and don't be late to The PARTY ,

Kindest regards .....as always,

Robbo :):)

tommy
01-02-2005, 12:00 AM
HI ROBBO!

Good to hear that you're still interested in SSN too, for some time I have been trying to buy a few more shares of SSN but it has been VERY illiquid so I only hold a tiny parcel at present (it's VERY volatile so I don't have the guts to expose myself too much to it)!

Anyway, here are the direct links to the interesting releases by SSN for all those who want to know a bit more what's happening:

Investor Presentation:
http://stocknessmonster.com/news-item?S=SSN&E=ASX&N=281252

Corporate update:
http://stocknessmonster.com/news-item?S=SSN&E=ASX&N=281181

Quarterly report:
http://stocknessmonster.com/news-item?S=SSN&E=ASX&N=281109

robbo
02-02-2005, 12:46 PM
Samson Oil & Gas SSN

Samson Oil & Gas (SSN) Up another 7 %.... as Investors Read the Impressive, Samson Oil & Gas (SSN), 63 page Investor Presentation on ASX website, .... from the other day, and just BEGIN...to absorb and "do the numbers" for themselves...[:p]:):)

>>>>...For those with the fortitude, and a little patience Samson (SSN)Oil & Gas ....although by the looks you might not NOW need as much patience as usual...[^][^]:),

SAMSON (SSN) has every indication, from where I sit, of being a relatively see-able 3 Bagger Plus....within 6 months, of course only In My View ;)[^][:p]:)

Certainly Volumes and interest in Samson Oil & Gas (SSN) is beginning to focus attention on Samson Oil & Gas...in these as yet early days... hmmm [:p][:p]:)Certainly lots of good leverage & upside from the looks....

Kind regards to one and all,

Robbo.:):)

k1w1
02-02-2005, 12:53 PM
Recommended not just by Robbo but also by Yogi-in-Oz.

robbo
02-02-2005, 12:59 PM
Cannot see that Kiwi1 ??

Yogi's post was quite down on Samson from my read of Yogi's post..., he/she predicted Samson (SSN) would fall below 20 cents, right ???

Am I missing something ??

Kind Regards,

Robbo :)

k1w1
02-02-2005, 01:49 PM
Finish the quote..."before it recovers again." After predicting a recovery he stated that he will hold the share again.

Kind regards to you too,

k1w1

robbo
02-02-2005, 03:32 PM
Hi Kiwi1,

err, okay f'nuff Kiwi 1,

Whatever Samson SSN is up 22 % in last few days, and still steaming along quite nicely, [:p][:p]:)

Regards,

Kindly...Robbo ;)

tommy
04-02-2005, 04:59 PM
SSN up 6.67% today, steadily creeping up;)

Is this rise in anticipation of the busy drilling and seismic schedule for the next few months? Keeping a close eye on this.

robbo
04-02-2005, 05:27 PM
Hi Tommy,

If you are a shareholder you may have received the Samson Drilling Shedule, as well as the Valuation on the existing PROVEN Kestrel Gas and Oil Reserves, now controlled and ownde by Samson (SSN)

Very detailed, factual and tangible, with many PUNDITS, including me, seeing in Samson, another Tommahawk (THK).

Indeed, for those subscribers, here at Sharetrader.com.nz (ASX) Edition/Division, who "got on board SAamson (SSN)...when I started this post on Samson--SSN , on 5/1/05...folks had basically 7 days to get set, and would now be looking at a 48% per cent...upside and Capital Gain, on their original Samson SSN SCRIP// Shares, from 30 days ago....[:p];)


....>>>...which for approx 30 days, in a mixey sort of Market during January, is not, I guess, such a bad RETURN ....:):)[:p]:) ;)

My Initial Target for Samson (SSN) is $1.20, within the next 120 days, although could be, of course decidely speedier, with any luck,, In any event, this will represent, if my prediciton comes to fruition, a better than 350 --410 % Capital Gain, so we would not really complain hopefully if this comes to pass....

Am a tad busy at present Tommy, but if you did not get the latest Corporate Update in the mail, you may be able to hopefully view it on www.samsonoilandgas.com.au, although not being very au fa with computers, I havent had someone look it up for me yet, but instead MUST instead rely on my printed colour posted version !!

If Samson-SSN, by end of Feb, can be at say the 70 cents mark, then that should be about right/okay and well on track, at least prohesising; from where I sit....:)[^][^]

Kind regards,

Robbo. :)

yogi-in-oz
05-02-2005, 11:02 PM
:) :) :) :) :)

Hi folks,

New management and about 12 wells in 2005 have
set SSN up with renewed traders' interest,
especially since the drilling program was
released, just recently.

As posted previously, there's only one drawback
with SSN, that being the lack of liquidity.

It is good for traders and scalpers, but there's not
enough shares around to get big players interested.

If they have any reasonable success, SSN may
follow in the same footsteps as PSA ..... a good
trading stock, but too thin for institutions.

Let's see if any of the Top 20 bail out, as
the price rallies.

have a great weekend all

yogi

P.S. ..... holding SSN.

:) :) :) :) :)

k1w1
06-02-2005, 06:29 AM
quote:Originally posted by yogi-in-oz
As posted previously, there's only one drawback
with SSN, that being the lack of liquidity.

It is good for traders and scalpers,

P.S. ..... holding SSN.



Recommended not just by Robbo but also by Yogi-in-Oz.

robbo
07-02-2005, 12:43 PM
Samson SSN...

pushing up nicely and steadilly on good solid volumes and support and NOW safely past 40 cents :)[:p] level....so hopefully we'll be at 50 cents for SSN Samson or a smidge just behind that, by end of Week..with even significantly better to come hopefuly by end of month..:)

Depth and announcements last week for Samson (SSN)also looking good for Samson(SSN) holders..IMO..

Kind regards,

Robbo. :)

tommy
07-02-2005, 06:06 PM
Hi Robbo and other SSN holders,

Hope you all had a nice weekend!

Yes, Samson has hit the 40c mark and is looking good indeed. Already sitting on a 35% gain since entering at 30c[:p] but not selling yet... intend to shove this one into the draw for at least the next several months!

robbo
07-02-2005, 11:39 PM
...So Tommy,

Better Be sending Big Maxie from here at The PUB, around to your joint, for that Dozen of Cold C..... , .... You Now Owe Me .. :D:D Eh What Robbo, says Tommy !! [?][?] [:0]!! [:p][:p] ;);) :):).... eh what !! [8D][8D]

Also, did Read somewhere...[?][?].. that Samson is a VERY strong sort of fellar, so while he is rooting around Oklanoma, in the good 'ol USA.... looking For the Big Gas; we better make sure NO ONE gets it into their heads to send any naughty sheillas, (especially the annoying types, who carry HAIR scissors,[}:)][}:)][}:)][}:)] ;) .... to b ugger up everything, AND possibly try and destract THE BOY !! [:0][:0] :):)

Kind Regards Tommy,

Robbo :) :)

tommy
09-02-2005, 05:38 PM
Hi Robbo,

SSN steadily above $0.40, doing well:) Will send father christmas to break into your pub's chimney to deliver the cold crownies!

I'm quite comfortable with this tightly-held small cap company with a mega-low PE ratio, one piece of good news should give this stock a further boost!

tommy
10-02-2005, 05:32 PM
Hi SSN holders:

Announcement out:

http://stocknessmonster.com/news-item?S=SSN&E=ASX&N=282110

______________________

ASX ANNOUNCEMENT

NEW ISSUE ANNOUNCEMENT, APPENDIX 3B & PROSPECTUS

10 February 2005

The Directors of Samson Oil & Gas N.L. wish to announce that, today 10 February 2005 they have resolved to issue 15,000,000 ordinary fully paid shares in the capital of the Company at 35 cents per share payable in full on application in accordance with the approval of members given at the general meeting of the Company held on 24 December 2004.

The issue will be made to clients of Member Organisations of the Australian Stock Exchange Limited.

The Company will make the offer pursuant to a Prospectus lodged with the Australian Securities and Investment Commission today 10 February 2005. A copy of this Prospectus is attached.

The Company will pay Member Organisations of ASX a commission equal to five (5) percent of the funds received pursuant to applications bearing the stamp of that Member Organisation. The Issue is not underwritten.

The purpose of the issue is to provide funds for exploration and development of prospects located in the USA which are held by the Company and its controlled entities and to provide additional working capital.

For further information please contact Denis Rakich, Company Secretary on 9220 9830 or Email:
contact@samsonoilandgas.com.au

For and on behalf of the board of

SAMSON OIL & GAS N.L.
_________________

Mmm... any opinions here?

robbo
10-02-2005, 09:30 PM
SAMSON (SSN)

Hi Tommy,

Bit Busy at Present,

But my personal impressions and personal overall response at a glance is as follows:

(1) V. Progressive Co. is this Samson proving to be,a "doer" and not a "gunna", as they say, very much head down and down to the business of OIL and GAS....and everything is going quickly to plan, at least as well; if not even quicker than was hoped... !! :):)[:p]

(2) Strong Strategic tangible Plan of Concrete Action, clear direction going Forward.

You can almost "smell" good things going forward for SAMSON, and refreshingly to quite a strict firm timetable & speedilly too, on imminnet immediate sort of horizon. :)..which I, DO like very much going forward.

Samson (SSN) looking like a "little dynamo...powerful company" NOW, especially with Kestrel acquisition.... now locked away, and mgt focussed on the Main OIL and Gas Game, as outlinned in their recent Investor Presentation...

(3) Raising $5 millions seems more than very reasonable for this expansionary phase of Co's growth PLANS.

(4) See very Good biggish things for Samson(SSN) now, especially if we take say a 45 Day to90 day horizon....or even before ????

(5) Feel Demand for stock will start to heat up too now THAT everything for Samson is really coming more clearly into focus.

That's just a quick summary,

More Detail over the next few days !! :):)[:p]

Regards,

Robbo :):)

OneUp
10-02-2005, 09:39 PM
G'dday Robbo, Tommy, Yogi, k1w1 et al,
congrats for making a few bob thus far on SSN (and best of luck for making a few more!).

I don't mean to hijack this thread, but just wondering Robbo if you had heard the good, the bad or the ugly with regards to First Australian Resources (FAR). It's producing now, with some interesting activity scheduled before the options (FAROA) expire. I note some insiders have been acquiring both the head shares and options of late.

A penny for your thoughts (or should that be a crownie for your thoughts ;)) - much appreciated, especially as to the merits of SSN versus FAR. But if you haven't heard of that outfit, not to worry mate.

robbo
11-02-2005, 10:47 AM
9.30 am.

Hi One-Up,

Regards: FAR SANDS(RAR)

Yes, indeed, have got some info and thoughts based on some research re. FAR...one thing to watch is their large amount of shares on ISSUE and their Larger and quite high Debt/Equity ratio's..

Bit busy at present; but will come back on this one(FAR) within 24 hours..

One Up; is their an existing thread on FAR ????

Naturally, as with any explorer producer, if they Hit the Big Gusher, then all present potential Issues and Problems automatically dissappear!! :)

That is, related to the issue I'm exploring re. further confirming/analyzing/discussing.... what I think I heard and have felt re: FAR, .......namely the quality of the present real time FAR Tenement exploration/production capability...

Kind Regards,

Robbo :)

tommy
15-02-2005, 04:34 PM
Hi all SSN holders,

Samson (SSN) up to $0.440 (10.00%) today, starting to take off:D

Even thinking about adding a few more parcels of SSN to my holdings... but wondering whether it's still a good buy? This stock can swing violently in both directions!

tommy
16-02-2005, 05:56 PM
Hi all SSN holders,

Samson closes $0.45, up 7.14% today[:p]

Keep an eye on this one, has a busy calandar ahead!

tommy
24-02-2005, 03:10 PM
Announcement out:
___________

RE: COMMENCEMENT OF DINES CBM #1 DRILLING, ROCK SPRINGS, WYOMING

Sun Resources NL (gSun Resourcesh) would like to advise shareholders and interested parties of developments on the Rock Springs CBM Project in the Green River Basin, Sweetwater County, southwest Wyoming State, USA.

Following federal Bureau of Land Management approval for the preferred CBM well drill site in the Dines area as an offset to the shallow coal section in the deep Dines #2 gas well, a drilling contract with Grey Wolf Drilling Inc (gGrey Wolfh) has been signed by the well operator Kestrel Energy Inc, a subsidiary of ASX listed Samson Oil & Gas NL, for the spud of Dines CBM #1 (Dines #3) well in the latter part of the first week of March 2005.

Dines CBM #1 is the commencement of the evaluation of some 33,000 acres of leases underlain by Upper Cretaceous and Early Tertiary age multi seam coals. Recent studies suggest up to 250 BCF (ebillion cubic feeth) of gas may be recoverable from these coals in these leases with further significant upside in the surrounding joint venture Area of Mutual interest.

Now that the footprint of the rig to be used is a known, the Dines pad (an extension of the current pad on which lies the deep gas well Dines #2 with associated infrastructure) can be prepared for drilling Dines CBM #1. A small local rig will arrive in the next few days to set the well conductor pipe and to drill to 500 feet (152 metres) 12 #188;h hole to set and cement 8 5/8h casing to this depth.

In the first week of March, the Grey Wolf drilling rig will set up over the prepared hole and will be able to commence drilling immediately in 7 7/8h hole from 500 feet (152 metres) to eventual total depth of 5,050 feet (1,539 metres). From 3,000 feet (914 metres) to 5,000 feet (1,524 metres) some 500 feet (152 metres) of selective coring will be undertaken by specialised wireline coring to core in sections the 70 feet (21 metres) of net Fort Union Formation and Lance Formation coals and immediate encompassing shale lithologies expected in the well from the adjacent wireline logs of the upper section of the Dines #2 well. These coals will be comprehensively logged, sampled and sent to a well known CBM laboratory, Terratek, in Salt Lake City, Utah for various analyses to determine the CBM properties of the targeted coals.
On completion of drilling, the hole will be wire line logged and 5 #189;h casing will be run and the hole will be left for a testing program (subject to favourable laboratory results) at some time in the near
future. The duration of the main drilling, sampling and completion program is approximately 11 days.

Participants in Dines CBM #1 are the US operating subsidiaries of ASX listed participants:

Sun Resources NL (Permit Operator) 40 - 45%*
Victoria Petroleum NL 40 - 45%*
Samson Oil & Gas NL (Well Operator) 10 - 20%*
100%

* Sun Resources and Victoria Petroleum NLfs USA subsidiaries are farminees earning their interest in the project comprising the leases and pipeline infrastructure via a farmin agreement with well operator Kestrel Energy, Inc., a subsidiary of Samson Oil & Gas NL. Maximum interest of the farminees is subject to a back in right of an extra 10% project interest by Samson Oil & Gas NLfs subsidiary on the completion of project expenditure of US$3 million by the farminees over a 4 year or lesser period of time.

The Green Canyon and Dines pipelines in the project area solve the important problem faced by any successful gas exploration outcome, i.e. transport and access to both local and interstate gas markets. These pipelines have a cumulative gas carrying capacity of 10 million cubic feet per day and link to the Duke Energy interstate pipeline through which 1.1 trillion cubic feet of gas per annum passes to western states customers and 0.7 trillion cubic feet of gas per annum passes to eastern states customers. The pipelines are currently utilised at less than 5% of capacity and are only being fed by conventional deep gas production on the underlyi

tommy
03-03-2005, 03:11 PM
Announcement relating to SSN out:


Wednesday, 2 March 2005

RE: DINES CBM #1 DRILLING, ROCK SPRINGS, WYOMING

Well Operator Kestrel Energy Inc, a subsidiary of ASX listed Samson Oil & Gas NL, has advised Sun Resources NL (gSun Resourcesh) that Grey Wolf Drilling Inc (gGrey Wolfh) has commenced mobilisation to the Dines location to rig up for drilling Dines CBM #1 (Dines #3) on the prepared site. The spud of Dines CBM #1 well is anticipated in the next few days. The well is an offset to the adjacent deep Dines #2 gas well and will sample by coring the known shallow Fort Union Formation and Lance Formation coal sections.

Current activity at site is completion of a precursor hole for Grey Wolf. A local contractor has drilled 40 feet of 17h conductor hole, set and cemented 14h conductor pipe to this depth and is currently near completion of drilling to 500 feet (152 metres) in 12 #188;h hole to also set and cement 8 5/8h casing to this depth.

Once set up and rigged up over the precursor hole, the Grey Wolf drilling rig will commence drilling immediately in the cased hole from 500 feet (152 metres) in 7 7/8h hole to eventual total depth of 5,050 feet (1,539 metres). From 3,000 feet (914 metres) to 5,000 feet (1,524 metres) some 500 feet (152 metres) of selective coring will be undertaken by specialised wireline coring to core in sections the 70 feet (21 metres) of net Fort Union Formation and Lance Formation coals and immediate encompassing shale lithologies expected in the well from the adjacent wireline logs of the upper section of the Dines #2 well. These coal cores will be comprehensively logged, coals sampled and sent to a well known CBM laboratory, Terratek, in Salt Lake City, Utah for various analyses to determine the CBM properties of the targeted coals.
On completion of drilling, the hole will be wire line logged and 5 #189;h casing will be run. The hole will be left suspended for a testing program (subject to favourable laboratory results) at some time in the near future. The duration of the main drilling, sampling and completion program is approximately 11 days from spud date.

Dines CBM #1 is the commencement of the evaluation of some 33,000 acres of leases underlain by Upper Cretaceous and Early Tertiary age multi seam coals on the Rock Springs CBM Project in the Green River Basin, Sweetwater County, southwest Wyoming State, USA. Recent studies suggest up to 250 BCF (ebillion cubic feeth) of gas may be recoverable from these coals in these leases with further significant upside in the surrounding joint venture Area of Mutual interest.
C:\Documents And Settings\Kate\My Documents\Sun Resources NL\USA\RSCBM\Announcement\ASX Dines CBM #1 Drilling 020305 .Doc
2
Participants in Dines CBM #1 are the US operating subsidiaries of ASX listed participants:

Sun Resources NL (Permit Operator) 40 - 45%*
Victoria Petroleum NL 40 - 45%*
Samson Oil & Gas NL (Well Operator) 10 - 20%*
100%

* Sun Resources and Victoria Petroleum NLfs USA subsidiaries are farminees earning their interest in the project comprising the leases and pipeline infrastructure via a farmin agreement with well operator Kestrel Energy, Inc., a subsidiary of Samson Oil & Gas NL. Maximum interest of the farminees is subject to a back in right of an extra 10% project interest by Samson Oil & Gas NLfs subsidiary on the completion of project expenditure of US$3 million by the farminees over a 4 year or lesser period of time.

The Green Canyon and Dines pipelines in the project area solve the important problem faced by any successful gas exploration outcome, i.e. transport and access to both local and interstate gas markets. These pipelines have a cumulative gas carrying capacity of 10 million cubic feet per day and link to the Duke Energy interstate pipeline through which 1.1 trillion cubic feet of gas per annum passes to western states customers and 0.7 trillion cubic feet of gas per annum passes to eastern states customers. The pipelines are current

robbo
03-03-2005, 03:28 PM
also Tommy,
expect (in the absence of immediate positive strike, some POSSIBLE short term retracement of Samson share price maybe now-ish.... potentially, over ze next few days...>>>> ...which in my opinion...and that is not advice, just expressing my analysis...Which, only IMO....won't last much longer than say a ## approx month[?][?], if it really happens much at all...probably a 60/40 chance is best stab in ze dark// guesstimate...?????

Rationale being;.......

as (1) market digests the successful just announced Samson NEW share issue and placement of 15 million new shares...see ASX announcment just now,

AND.......(2) Kestrel shareholders in the USA, selling out and taking profits....after//as the Samson takeover offer and acceptances go thru.....obviously creating MORE than usual ready made & potentially quite motivated sellers, as their agenda was/is different to Samson original holders agenda....ie: similar with Astron when they took over Zirconium....created some understandable motivated sellers....

Sure you toitally "get" all of that.... & comprehendo!!!...just thought I'd remind ya !!

Robbo :):)

tommy
03-03-2005, 03:35 PM
Hi ROBBO,

Just hope that retracement won't end up below $0.30 (my purchase price!)

I only have a tiny holding in SSN, so am happy to leave this one in the drawer for the next several months... I understand SSN can swing both ways quickly in the temperamental market, but hopefully at the end of the rollercoaster I will see the stock going up than down! Cheers:)

Let me paste the announcement:

ASX ANNOUNCEMENT
ALLOTMENT OF 15,000,000 ORDINARY FULLY PAID SHARES
3 March 2005

The Directors of Samson Oil & Gas N.L. wish to advise that the placement of 15,000,000 ordinary fully paid shares in the capital of the Company has been completed with allotment of the shares on Wednesday 2 March 2005.

The placement was completed pursuant to a prospectus dated 10 February 2005, at an issue price of $0.35 per share and raised $5,250,000 before costs.

For further information please contact Denis Rakich, Company Secretary on 9220 9830 or Email: contact@samsonoilandgas.com.au

For and on behalf of the board of
SAMSON OIL & GAS N.L.
DENIS RAKICH
Company Secretary

robbo
03-03-2005, 03:54 PM
So How exactly would you "feel" inside, if Samson dropped below what you paid ????

Would ...calm, rock steady and self confident,summarize the Tommy mood???

Or, heaven forbid, there was a "Oil Shock" and out of the blue, if say ......over the next 2-7 weeks; Samson....fell down a spiral to say 21 cents....??...

:.....or what about Down to 19 cents..???

or even , a eye brow raising 15 cents ????...hmmmm...???

How would you Honestly respond Tommy "if" that did happen ;)??

Regards,

Robbo. :) (feeling philosophical...)

tommy
03-03-2005, 04:04 PM
Hi Robbo,

Err... to be blatantly honest, if SSN did drop below my purchase price, stop loss should be triggered to minimize my losses!

Didn't really think about an oil shock scenario though, must admit I won't be a happy bunny if the value halved! Having said that, I'm assuming that the placement would improve liquidity and be good for SSN in the medium/long run... am I mistaken here?

robbo
04-03-2005, 01:16 AM
errr,

this is where I fundamentally...disagree with the stop losses stuff...

My view, is that if you cannot watch you stock fall 50 % and still sleep well and NOT sell....but instead HOLD....assuming nothing has happened to intrinnsiclly "marry" you to the bride (your stock)...then your NOT coool [8D][8D]

Statistically; I think the mathematics supports this view too !!

Lovely chatting with you Tommy........ as always,

Regards,

Robbo :)

tommy
04-03-2005, 01:47 AM
Hi Robbo,

Cheers for your advice, but from my shallow personal experience, I have regretted NOT setting stop loss to minimize potential losses in more instances, probably due to my lack of stockpicking skills, a prime example being UNW and AOE [|)] In theory, I do acknowledge that "buy and hold" will be more rewarding as an investor (not trader!) but at the same time, I can only afford a loss to a certain extent without sacrificing my sleep (and sanity!)

Having said that, there are companies which I have no stop loss (SAI, UOS, TRS and of course MAL), which form the core of my investments at present, and am willing to take a 50% cut provided that there are no changes in the fundamentals because I have faith in them... SSN just turns out to be more "speccy" than others in my portfolio, that's all, and hey, we all have different risk tolerance and don't care whether that's cool or not, I just want to learn more from more experienced/knowledgable investors on this site so that I won't fall into pitfalls unnecessarily!

Appreciate your input as always[8D]

msgoldenhair
05-03-2005, 02:44 PM
i'm new to this forum and was interested in the posts on SSN...looks like 3m went thru on Friday at 36c...I see this as a good sign but as I'm still learning i'm not sure how to interpret it..comments please

robbo
05-03-2005, 05:24 PM
Must have been either intra broker or inter broker...coz there was tad over half a million dollars(and that was not me !!) traded in one trade yesterday...!and obviously the market seems to have been created to facilitate that at a bit of a discount premiuim to the usual 40 cents....

Actually the more I reflect on this, I suspect a relatively big heavy hitter maybe sort of kicked up a bit of a stink with Samson for not having the opportunity to get in on the just released placement....which was placed before the official opening day of acceptances from what I saw announced about 5 weeks ago approx....

....which I must say was a bit organizationally clumsy, of Samson ...all shares were spoken for at the 35 cents mark...so maybe someone did a Block of shares deal to placate someone who missed out, this is just conjecture, but it sort of adds up...

so now, ahem....going to the announcements I just notice on my other computer here at The Pub, that Sun Resources... have re-structured a significant holding...

So getting back to your question: "IS this a good sign"/// I don't think anything but FINDING Gas is a good sign..

Example; yesterday Samson say they spudded (spud is not a potato, just a geo. word for "started to dig, or drill/screw down)--in this case just a exploration evaluative well.... "they spudded a couple evaluation wells.....etc etc...."(see announcment)

Overalll, As I remarked at beginning of this thread, Samson IMO is in a "sit back and wait & see how things pan out phase"...and of course the normal time IS not to buy shares when a spudding is announced, or any such, but when everything is dead calm and quiet on the eastern front, and lazily buy some when they drift vack a bit....but that is jsut my personal view....so basically for Samson it's a Wait and See what happens phase...."...the longer nothing much happens, impatient investors will get scatty and sell off...happens most times....with these sort of deals.....which is why the 27 cents mark 6-7 weeks ago was a nice entry point....;)

and...potentially this Samson, for For the Long term Holder; who is oblivious to being a worry wart, and who can tolerate the obvious down side risk...: it(SSN) hopefully will be a total Big Gas finding gusher of a Ripper !!! [:p]:)[:p]:)

But .........the other downside of Samson, has to be coldly admitted to. ie: the downside being Samson find absolutely no significant reserves of GAS in Oklahoma/Nebraska USA, and cannot add real revenue and profit EBIT value to the Kestrel takeover.

However; it is my view, after much research and consideration; THAT... among the Gas/Oil/Energy explorers Samson SSN is IMO ...Disclaimer:(which is totally subjective, and only based on my personal research and not therefore to be read in any way whatsoever onor is warranted as factual or releiable advice).... one of THE best potential manageably lower risk/downside propositions,,,, of the available risk/reward Oil/Gas PROFILES on the ASX..(stress: in this Energy Explorer space)...But that is a subjective opinion, and only from where I sit, nothing more and nothing less....

So IMO....ultimately one has to be able; again only IMO.... with all such explorer deals; look AT the downside risk coldly in the eye (and be honest with one self on how that sits on your OWN shoulders....on your very very worst sort of prospective emotional series of consecutive days :(:(:(...

and see whether you'd panic, or get nervy or fretful etc etc....), [}:)][}:)][:0]

and; just laugh if there was a PANIC sell off, and sort of say: "I can calmly BLOW the LOT, I franlkly don't give a damn !!"..... (absolutely drastic worst case scenario )

If the answer to that question is in the affirmati

msgoldenhair
06-03-2005, 01:02 PM
thank you robbo and yes this helps!

since joining this forum a month or so ago I must say I enjoy reading your posts and will watch with interest to see which ones take off...I hope they all do!!

robbo
06-03-2005, 04:39 PM
If ONLY goldenhair....if only !! :):)

But we will do out modest Best !!!


**** The only other reflection, if I may be so audacious as to add, is that just a bit of experience has taught me mainly one thing...once the decision is made rationally and on the basis of KNOWLEDGE and FACTS....& Balance sheets, and Demand greatly outstripping forseeable Supply on preferably very very Large Scale fundamental economics,

....AND definitely not just opinions...., and then your informed decision has been made, to say for example, Invest in a potential High Value Growth Stock, which is not currently got it's true value genuinely reflected in the current quoted Stock Price....

& so with enormous micro-research, careful calm prudence, and initialy "suspension of disbelief" & careful invetigation and due skeptical diligence....

Then, and only then....and remebering to wait patiently for the right time to quietly buy when the price is downish; for the fortnight or month.....(and often end of the day and Friday or Monday nights at 3.45 pm can be worth a little consideration sometimes, and never ever pre-open;again only ..IMO....

THE best thing to then do, experience has led me to discover.... is to let the STOCK actually have the time to steadilly go Up AND to go down and gently like a good wine or cheese, actually mature;.... for at least 7-9 months......preferably at least 2-3 years.....and be TOTALLY oblivious if it, IN THAT Time, inevitably goes up or down, say 40% up, or 40% down....and do not be sucked in; or even vaguely tempted (unless mitigating external factors have TRULY changed the rational economics behind the business of which you now own a share...hmmmm, have they really ????? )or again do not be "sucked into "......selling far far too prematurely, or at any too early a point....at either end of the spectrum.....IMO...

Too often; IMO.... if you sell at 40% down, you obviously lose significantly and sadly too much, and the stock then will infuriatingly return; and goes back past, and Up from what you bought !!, and if it goes 40% Up more from wht you bought, , then you sell, and it goes up another 120% , whihc you do not then benefit from....!!!

So; AT the very LEAST ...careth not;... what "Mr Market" skittishly thinks, or the financial media/propganda says, or the Tip Sheets, or the so called experts...and especially NOT NOT brokers.... (They are, IMO... almost guaranteed to give you BAD advice, and weighted to their own selfish ends and motives...and 9/10 They will cause you to lose significant MONEY; from their usually useless and bad advice !!)

So then; do not lose partience, be modest, and build wealth with compounding... period;.... on period;.... on period;.... on period ...etc, etc, etc, etc.....in mind.... [:p]:)and don't get sucked into or suffer from buyers remorse easilly or buckle under the psychologocioal emotional pressure JSUT because the market takes a short term dislike to whatever "stock at hand"--you have carefully Invested in....what they(the ASX Market today quote is more often than NOT; IMO....NOT, NOT, NOT, what they are REALLY worth....and they usually quote just PLAIN wrong...

So, IMO, best counsel is to Wait, wait, and Then let the months roll by and ...wait some more.......

....Before you Invest, and whilst eventually Invested, and remember you cannot pounce on and Strike at a Bargain(which is not just coz a stock is cheap....)

Unless you have a very deep Good reservoir of Green Crisp CASH, and lots and lots of it !!!

Regards,
Robbo :):)

tracker
06-03-2005, 05:03 PM
50% stop either you are mad , or trust stollis post more than u should
( just feeling a wee bit kick ****y)
tracker

tracker
06-03-2005, 05:17 PM
ps
if ya stock goes down 50% and you sit and watch not only are you a fool and all your money can be deposited with the tracker charitable trust (let ya know details later)
not only are a few brain cells missing BUT would it even occur to you (i guess obviously not ) that you just bought in at the WRONG point , are you so far gone not to realise this??????
i cant beleive others actually MIGHT listen to you
you are beiong suicidal with others money with all the kitchy little differances in your posts
get a lfe and either be honest or accurate I do not beleive you can be both
tracker
"My view, is that if you cannot watch you stock fall 50 % and still sleep well and NOT sell....but instead HOLD....assuming nothing has happened to intrinnsiclly "marry" you to the bride (your stock)...then your NOT coool"



and there are no stats involving financial suicide

tracker (feeling peed off)

stolwyk
06-03-2005, 05:26 PM
Guys,

I have not discussed this stock before.

tracker
06-03-2005, 05:32 PM
this goes for any stock you lurking (do you get paid to lurk) twit
tracker ( still feeling peeved)

Dazza
06-03-2005, 06:27 PM
robbo could u give me a laymans sum up of this co.?

i take it they are a oil n gas co. with drilling in US.

do they have any income what so ever at the moment?!

robbo
06-03-2005, 08:21 PM
G'Day Dearest Tracker,

What do you mean by "lurking"...my dearest comrade and fellow sharetrader...

and for what cause and calamity are you feeling peeved, surely not at me, your bosom buddy....

Kindest regards, and sure there has been something misconstrued,

Robbo :):)


quote:Originally posted by tracker

this goes for any stock you lurking (do you get paid to lurk) twit
tracker ( still feeling peeved)

tracker
07-03-2005, 08:43 AM
nothing personal Robbo just dont like the fact that you might actually be talking someone into loosing 50% of their money?????
I personally find that um WRONG
stop losses are there for a reason and to discourage use means you ARE being frivolous with others money
tracker

robbo
07-03-2005, 04:20 PM
Many thanks for clarifying Trak.

See this could be a circular argument....personally I disagree, and are philosophically opposed to the concept of Stop Losses (although I did enjoy their being triggered by some Comsec dude the other week vis a vis Matilda(MAL) smashing it down to 47 cents...and they were gratefully received --YUM YUM !!,and also as I alluded to Stop Losses triggered Samson(SSN) down to 27 cents a month ago...again...YUM YUM YUMMY !! [:p][:p][:p] [8D]

Coz...again, Iny my personal view, stop losses, by definiton are often, responding to the Trading price at that spurious momenet in time, which may be effected by factors (emotional ??...short term...???)...other than the intrinsic growth prospects of the Enterprise....And the trading price quoted in that second of time; is,...IMO...often not reflective of the Business Value, that they market has not perhaps appreciated in ikts price quotation by "Mr Market" at the time in question.....quotation,

The Intrinsic Valuation of the Business enterprise now, and going forward into the ## approx: reasonably forseeble future earnings...., AND not the present moment Market Ticker quotation, for me, goes rather close to being the Holy Grail.... for identifying relatively consistent Value in potential present/future Growth stocks ...aty least that is how it appears logical to this Robbo stock amateur...who admitedly DOES have a heap more to learn...[:I][:I][:I]

But Trak...mate I would not seek to peeve you for anything, and if I ahve come across as beiong frivolous with other folks money then that was NOT the intention, in fact the very Reverse...........Nothing gets my rocks off MORE...than when someone posts; "Heh Robbo, thanks for that "heads up" on SEN, or EMI, OCL, EZL, or PPR, or Mal...or whatever really...your tip made me and my family a cool 75%, 85% or 100 % profit !! :)

That is one of life's true delights....:)"

So at present when I have posted on Mal, OCL, or SSN, or POL, or SIM (heh did you see their Uranium Expansion announcement today ---WOW ---and market still has not absorbed; either POL or SIM In my view; !!)..it is to be enthusisastic, yeah sure...but it is also to help fellow travelers, truly benefit, profit, and make a well earned consitently healthy quid !!! --naturally if they still believ the Investment suits their overall criteria, needs, and risk///investment profile etc...

Secondly; I am only too happy to admit; where the CALL of mine, is possibly misguided or even wrong-headed on my part....; or where I feel the other's posters views are more significant than my own...eg: Haleop with RAC...., and at the time Kiwi's opinion with SDI...although I do feel SDI will bounce back; but that is another story...however; I do NOT concur with Cantab, at present on MAL;.... and on that VIEWE re Matilda, I feel currently on concrete firm ground; & only said after much thought, & on the basis of strong research and cool cold assessment....But again; it is only a personal view....:):)

So anyway,

Tracker; that all said.....>>>>>...Your point is well taken....and I'll be careful with my phraseology....& Do hope we can continue to have healthy, enjoyable, illuminating, and most importantly profitable discussions, now, and in the days, weeks and times to come !! :):) [8D]

Kind Regards,

Robbo :):)

tracker
07-03-2005, 06:35 PM
ok Robbo, how does this sound

If stop loss exceedes 10% in order to preserve capital , (as most people do by the way, unless they have no sense of reality ) I can live with that)
Personally my stop losses are a lot tighter than that cause if I am wrong I AM WRONG I personally have no problem admitting I am wong
I just recently screwed up on CRS and that according to me and my resources WAS BIG TIME
and it by no means was any where NEAR 50% ( all those aware that it was outta asx 200 etc knew)
I feel that your advice is
misleading and innacurate especially new guys/gals learning the market as 10% would be hard 50% wouls kill em
WELL DONE
that is my opinion and many of my previous posts state STOP LOSS AS ALWAYS 1st is my signature and I mean it
So if you feel that you can enorse a 50% loss go for it
BUT me being who I am aint gonna do that and right here and now I am gonna say
You play with what is possible and isnt going to affect you lifestyle and nothing important is put on thelinelife goes on regardless of market conditions
you stay within your means and dont blow it
any tendancy to kick the bucket is your own problem BUT dont drag others into the 50% stop loss area, it might be fine for you and a few others BUT realistically it cant be done for starters just on the way to sorting the market out, beleive ME it aint something you wanna be responbsible for BUT i guess a few smiley faces and figures make for a good poster, and all those diff fonts and groovey little fonts and phrases????????

THINK AGAIN
it is the ability for knowledgible posters to guide the less experienced thru the loops not take advantage of them
that is/ are and for ever will be/ my opinion of the deal here
man I keep thinking of 50% stop loss and then I think wow how MAD/confidantly stupid can this man be
think again before you post again before you post frivolous info that may cost others a bulk of their hard earned
for some reason, it is either the way you post , or the groovey little icons in diff colour that makes it or you irresistable personality that attracts posters I dunno , lol< BUT the point of NO return is WAY past due etc, and the fact is that ST has a relatively small readership (part of the reason it is so good give or take a poster or two)
BUT ya just gotta be more careful with what you post
man if you where 60 years younger I would think it was stolli
NOW is that how ya wanna turn out and earn a living
I promise you sincerely if you concentrated on stocks rather than how many/frequent/ crappy post you do you would make a bucket load more money and that is the truth
For evey 10 stolly post you literally TRAWL thru, you ARE better off picking up the market and poaching the opps as I think you are able to do
Mayber i AM WRONG but
YOU HAVE A GOOD head and capacity to learn and rememeber that not all here are seasoned traders who know the diff between
Bullshat and Best Advice
tracker
ps
please keep it in mind as all the crap you post is actually listened to by posters MAYBE a little less savvy than you or I to all the CRAP that happens on market
BUT if your intention is to rip the shirt off others back GO ahead you ARE doing a sensational job
best wishes to all
tracker
ps
somewhat subdued
wait till i get fired etc
then all will know what the hell is happening
tracker

stolwyk
07-03-2005, 08:27 PM
T,

You said:

"I promise you sincerely if you concentrated on stocks rather than how many/frequent/ crappy post you do you would make a bucket load more money and that is the truth"

T, I hope you take that advice. BTW, since I was mentioned, I have tried to electronically translate your posts into English but no luck, I am afraid.

miner
07-03-2005, 10:33 PM
Davidrob,another ramping post as well as a complete load of dangerous BS about stop losses.

Gerry once again you have shown your true colours with this post.
"
--------------------------------------------------------------------------------

T,

You said:

"I promise you sincerely if you concentrated on stocks rather than how many/frequent/ crappy post you do you would make a bucket load more money and that is the truth"

T, I hope you take that advice. BTW, since I was mentioned, I have tried to electronically translate your posts into English but no luck, I am afraid."

Rather than telling newbie's to run stops.

Tracker once again well done for taking the time and making the effort to try and help newbie's through the mine field of share trading.

Newbie's there are a few reasons why you should ALWAYS run a stop loss,one being at all times preserve capitol as if you don't you wont have any dosh left to play with(and hopefully get your losses back).

Standard stop 10% max 15%,and sometimes sell as soon as you buy when you know you just stuffed up.A stop loss is how you survive to trade another day.

If you believe the cr*p Davidrob posted on stops then STOP trading NOW go get some books and have a read,if you find one that says don't run stops I would be more than surprised.

You've got your own brain USE IT especially in this game as NO prisoners are taken.

Cheers
Miner

robbo
07-03-2005, 10:33 PM
Track,

....you do misconstrue my true intent,

Do Ya really think I want to "take the shirt off peoples backs...???? "

Yuckety yuck,yuck, yuck, yuck,.... yuckety.......AND YUK Again !!!

Track... I actually do like really helping people, exchanging ideas with folks, sometimes just throwing up some share Ideas, thoughts and ruminations, ....throwing around some potential/prospective numbers, trying to think laterally (with emphasis on the verb...[:o)][:o)]), introducing new left field personally researched and assessed share ideas, maybe unearthing the ODD real nice undervalued Gem !! [:p][:p]:)

....and really just helping folk MAYBE potentially make more consitent and Happy profits.....
But certainly never ever endeavouring to dream of hurting them..[}:)][}:)][}:)] :(:(:( [?][?]

I mean; FOR EXAMPLE:

...... take this little particular Samson (SSN) thread...when I suggested maybe having a little look at SSN Samson on the 7th of January; early this Year, subscribers had some several days to enter Samson at what was then a 27 cents entry price....so in 8 weks @ say today a approx, 40 cents normal trading range...low as 38...high as 44...that is a [size=2]48% Share Price Gain !!..for us good folks in less than 2 months.......

(2) About a month ago, I suggested maybe looking at Objective Corp OCL as being worthy of another look...& since then Profits/Gain is now around the 50% mark,in 3/4 weeks...

(3)for those who got intoWaltzing Matilda(MAL)
-- 4 months ago...they have obtained nice gains of NOW more than 115%...

(4) Scimitar (Sim) was up 10 % today,

(5) Polaris(POL) went from a low of 19 cents when I suggested having a peek and went up to 26 cents in 2 weeks...

(6) some folk got on board Senetas (SEN) and made over 250%, some up to 300%...., approx just 4.5 -5 months ago,

(7) I suggested, just before Christmas, that us sharetrader folk may like to have a goood peek-a-boo at B Digital BBB...and they would have made 42% plus in 3- 4 weeks....

(8) in August/Sept last year I suggested our fellow club members have, on about.... 26/8/04 ....look at Penfolde Buscombe(PPR) as it was then known, Promentum now (PPR)...the price at the time was $1.21...well, Tracker... actually, for club members who got on board, including dividends members would have NOW earned well over 107% Profits... including of which approx 12 % was sent by cheque in the mail, as healthy dividends to them, in fully franked Dividends... so not too bad in only 7 months,

(9) and Tracker, then there was the humble suggestion, to perhaps,maybe..... consider Emitch(EMI); which I begun the first post on about 24/8/04...and at the time said: [b][i]"Here is a lovely little bargain IMO, called Emitch (EMI).."</fon

robbo
07-03-2005, 10:46 PM
May God Bless You richly Miner and ..

may his love and joy Keep You Miner,

and may His wonderful loving tender Grace; embrace you Miner...and His marvelous countenance come upon you Miner my beloved, and touch you Miner and remove all bitterness and untowards thinkings, that Miner I know are not the real and true Miner...

Who really just loves Robbo; and for that matter Robbo's posts and mediatates on them daily ...and naturally of an evening whenever Miner needs his spiitis to be gently uplifted and for the root of bitterness to leave miners Mind....& soothingly becalmed....

Love you Miner...

Regards,

Robbo :):)


quote:Originally posted by miner

Davidrob,another ramping post as well as a complete load of dangerous BS about stop losses.

Gerry once again you have shown your true colours with this post.
"
--------------------------------------------------------------------------------

T,

You said:

"I promise you sincerely if you concentrated on stocks rather than how many/frequent/ crappy post you do you would make a bucket load more money and that is the truth"

T, I hope you take that advice. BTW, since I was mentioned, I have tried to electronically translate your posts into English but no luck, I am afraid."

Rather than telling newbie's to run stops.

Tracker once again well done for taking the time and making the effort to try and help newbie's through the mine field of share trading.

Newbie's there are a few reasons why you should ALWAYS run a stop loss,one being at all times preserve capitol as if you don't you wont have any dosh left to play with(and hopefully get your losses back).

Standard stop 10% max 15%,and sometimes sell as soon as you buy when you know you just stuffed up.A stop loss is how you survive to trade another day.

If you believe the cr*p Davidrob posted on stops then STOP trading NOW go get some books and have a read,if you find one that says don't run stops I would be more than surprised.

You've got your own brain USE IT especially in this game as NO prisoners are taken.

Cheers
Miner

miner
07-03-2005, 10:51 PM
Yeah whatever Davidrob,as with Gerry some of us know your game and not all of us came down with the last rain shower.

tracker
07-03-2005, 11:19 PM
ok robbo
but as one famous poster once mentioned you " as in YOU dont u know the power of the dark side" etc etc'
someone who
looks like they know it as good as I know 100% and when you advocate a 50% stop loss well its just gonna hurt alot of people ARE U AWARE OF THAT, even if only from me ok
if
a) you are not aware
think closely about what you say
as i said anyone who can change a font WITH the few smiley faces obviously they think is great at the market
b) and other posts with bigger better best post and uses diff fonts to his avantage are well a little skrewed
that is what makes you dangerous as stolli does same , with gravety and style ,,,,,, funny that
NOW to put this in the same same category as amatuer , the fact is well in need of a recovery
i will give you benefit of the doubt
BUT 1 slip i will be there if see it or informed etc
have a good one
AND
remember some people (dont ask me why ) listen to you and migh take on what you say ???? a situation that would be VERY VERY sad
have a good one
and stops as always
tracker

OneUp
07-03-2005, 11:20 PM
In reference to stop losses, the great funamental investors of our time (I refer to Fisher, Lynch and Buffet) deride them. Lynch has pointed out that he would have been stopped out early on some of his most successful multi-bagger investments. And Fisher notes that a stock may fall 50% during a long term uptrend. And Buffet chimes in by arguing that if you buy a stock for 50 cents in the dollar and it falls to 25 cents in the dollar, then you should be buying not selling. Naturally this assumes that the initial analysis was correct - and with these three greats, it usually was. (I am not suggesting that Samson is such a potential multi-bagger - I don't own any. My thrust is more general).

I might add that if you're a NZ resident and you use stop losses, the number of trades you do will increase dramatically and may even lead to reclassification as a trader - which means paying income tax on capital gains (up to 39%!) versus 0% as an investor. So, to be a successful strategy for a NZ resident, you'd have to outperform the buy and hold strategy by quite some margin (one reward being you're allowed to pay Aunty Helen her gold).

So my question to tracker, miner, MacDunk etc etc: is there any empirical (as opposed to anecdotal) research to back up this (implied) claim that stop losses enhance stockmarket returns?

stolwyk
08-03-2005, 12:17 AM
"I might add that if you're a NZ resident and you use stop losses, the number of trades you do will increase dramatically and may even lead to reclassification as a trader - which means paying income tax on capital gains (up to 39%!) versus 0% as an investor. So, to be a successful strategy for a NZ resident, you'd have to outperform the buy and hold strategy by quite some margin (one reward being you're allowed to pay Aunty Helen her gold)".
_______________________________

Very true and Miner should have known and told others about it. He didn't and committed a very serious error. I suppose a trader thinks that everyone else should be one too.

Australian taxation laws are different and Tracker fell into that trap as well. I think you two should be careful with making statements if you don't have a clue.

People using wholescale stops and losing their taxation benefits. I suppose you two don't care about newbees losing their money that way.

T,
You wrote:
"that is what makes you dangerous as stolli does same , with gravety and style ,,,,,, funny that"

There is nothing funny about that. I used to write a lot of commercial reports and I found it to be the easiest style to use. It is a documentary style actually, commonly used when quite a lot of calculations are done as well. I was in the army and again this style was used. The advantage is that one is more precise in expression.

Customers may appreciate this style as well as it sticks to business.

So, you think that your warning others will have an effect. Answ.: No.

As long as I produce results and you come in with false warnings, nopbody will listen to you.

The more difficult you make it for me, the less notice people will take of you. You do have a an intimidating image by now. Sure, some prospective posters won't therefore post on my threads, but the evidence is there: READERSHIP.

Your action has been counter productive but you will be the last to know.

T, write properly.

Gerry

stolwyk
08-03-2005, 12:22 AM
Robbo,

Forget about Miner and Tracker.

They only screw you up. Don't bother to answer, These people are hardened posters and post to win. If you let them, they will. I don't and both hate it.

These 2 are people hiding behind a facade. They want to control others. They will be taking your time as well; time you could spend on studying stocks. They don't care.

Be very careful with these 2 feeding in false information.

Just ignore them. Excuses are not necessary.

As to threats, T, be very, very careful. I tend to be around as well.

Gerry

miner
08-03-2005, 09:45 AM
Hi Oneup,not sure about the research bit and I am not saying that if you run stops it will enhance your stockmarket returns automatically(it may or may not depends how good you are at picking stocks).

But I am saying that the majority of people that read this site are newbie's who have limited knowledge of this game and limited capitol,so they will get it wrong on some and without a stop they will loose there money and be out of the game.

Buffet etc can play a different game,but they have the knowledge and capitol to do so,but they also wont be reading this site.

As for number of trades going up and therefore paying tax,better to pay some tax than loose all your dosh due to no stops and be out of the game.

Also talking about setting a stop after you buy,not a trailing profit stop( setting one is a good idea for newbie's though) as say with Cantabs Astron,he is in the money so has room to move,and has the knowledge and capitol to play the game he wants,good on ya Cantab.

So for most people who are newbie's it's about surviving while you learn all the tricks of this game and the way to do that is to preserve your capitol.So if you survive then you can look at playing the game a different way(invest or trade or both,tax issues etc) but first you must survive.

Cheers
Miner

stolwyk
08-03-2005, 09:51 AM
A cardinal sin both Miner and Tracker have committed: Giving *unauthorized* advice (Tracker wanted even to apply pressure if Robbo didn't carry out that unauthorized advice).

That advice if carried out could make the NZ taxpayer liable for 39% tax, when, if he didn't carry out that advice, he may not pay any tax (Subject to NZ Inland Revenue).

Gerry

miner
08-03-2005, 10:14 AM
quote:Originally posted by stolwyk

A cardinal sin both Miner and Tracker have committed: Giving *unauthorized* advice (Tracker wanted even to apply pressure if Robbo didn't carry out that unauthorized advice).

That advice if carried out could make the NZ taxpayer liable for 39% tax, when, if he didn't carry out that advice, he may not pay any tax (Subject to NZ Inland Revenue).

Gerry



So Gerry are you saying that if a newbie buys a lemon that he should hold it all the way to the bottom to avoid getting his number of trades up and therefore having to pay some tax???.

stolwyk
08-03-2005, 11:20 AM
Miner,
You wrote:
"So Gerry are you saying that if a newbie buys a lemon that he should hold it all the way to the bottom to avoid getting his number of trades up and therefore having to pay some tax???".

Comment: I didn't say that at all and you know, I didn't.

Don't try to hide behind a serious mistake you made, but you insist you didn't.

People, be they newbees or skilled investors should know that they can be classed as Traders by the Inland Revenue Dept if they act as traders.

Miner, you as a NZer didn't know; had you known, you would have told us.
I can't blame Tracker entirely because she is an Australian.

However, there is a method where stocks can be classified as trading stocks beforehand-See Inland Revenue.

Miner, you have committed 2 sins: First by giving out wrong information and then denying you did. Apparently, you don't care if people lose their taxation advantages and pay 39% tax instead. And that could be applied on *all* stocks irrespective of having been traded or not.

And you don't seem to know that once classed as a trader, one could remain so forever; even if no stocks were traded at all. So, one could pay up to 39% tax forever.

Readers, please obtain the relevant info from the NZ Inland Revenue Dept.: The taxation laws are somewhat complex.`

Gerry

miner
08-03-2005, 11:26 AM
So if a newbie buys a lemon that is only going down what do you suggest he do Gerry???.

stolwyk
08-03-2005, 11:44 AM
Miner, not only newbies buy lemons.

The Inland Revenue may allow perhaps a deviation made in bad circumstances and a note to that effect should be made by the Investor. Obviously, this is up to the Inland Revenue. (I don't offer guarantees)

That is totally different than **routinely** applying stoplosses as you suggest.

As I have mentioned but you didn't understand, the taxation laws are complex and the Investor needs to consult the NZ Inland Revenue Dept.

I certainly won't be taking their role. If you in the future want to talk about stoplosses to NZ *Investors* (Traders may be in a different catagory), then I suggest you mention some of these aspects after consulting the NZ Inland Revenue.

Not mentioning these is in my opinion is not only negligent but since you know now, some people may think it to be criminal.

Gerry

miner
08-03-2005, 12:12 PM
What I have said and still say Gerry is that when you are new at this game run stops to preserve your capitol so you can survive(financially) as you learn so that when you do learn you still have some money to play with and hopefully get your losses back.

Once you learn what to do you can then choose to invest or trade or both.

If this means that you get it wrong allot and do a few trades and end up being classed as a trader,that's part of the game but at least you have preserved your capitol.

You have chosen to try and use what I have said to score points by twisting around what I have said,but I take it from your last reply that if a newbie buys a lemon he should stop out of it???,if so then we actually agree on something as this is all I am saying.

As you know the tax issue depends on if you buy lemons or winners.

Or are you saying it is better to loose all your capitol on lemons rather than preserving it with stops so as to avoid paying 39% tax???.

Your edit Gerry"Miner, not only newbies buy lemons", we all have at some stage Gerry but when we do we hopefully relies it stop out and limit the loss and let the winners run.

stolwyk
08-03-2005, 12:35 PM
Don't make excuses because someone else may pay for it (Up to 39% tax to Investors if reclassified as traders).

I have provided you with some sound advice and mentioned that should you talk to NZ Investors (I don't mean traders) about stoplosses you ought to bring in these qualifications. If you don't, a "newbie" could pay tax up to 39% all his life, simply because this Investor used the stoploss as routine in his first year (Subject to a decision by the Inland Revenue).

If a Newbie or whoever wants to use a stoploss as a routine for the first one or two years or whatever, then he should see Inland Revenue for info first, IMHO.


Too busy now.

Gerry

miner
08-03-2005, 12:46 PM
As usual this has turned into a pointless circle discussion Gerry and as you have chosen to use what I have posted to try and score points against me, I will leave you to it for now as have better things to do.

Readers can take what they want out of these posts,and with a bit of luck will survive to trade another day.

stolwyk
08-03-2005, 05:03 PM
Summarizing, with regard to taxation, what one can do and can't do as a NZ Investor is not easily defined. My advice is for him/her to visit the Inland Revenue and pick up some pamphlets which would give some information.

Obviously, stoplosses are not referred to.

Please consider all my information on this thread as second hand and get the wanted information from Inland Revenue instead.

Gerry

08-03-2005, 05:53 PM
Gerry anybody following your posts would require stop losses no matter what the consequences. Also just about anybody following your posts would be classed as a trader under any sale in most cases. So what is the difference. My advice if you post sell very quickly before you get burnt.

OneUp
08-03-2005, 11:45 PM
Thanks for that miner.

I'm doing a research paper on "succesful trading strategies" as part of my BCom Hons this semester. This thread has given me an idea to do it on the question of whether "stop losses" enhance stockmarket returns. As you might be able to tell I don't trade but buy and hold, so my knowledge of trading strategies is a little limited.

Do you mind if I ask what would be a successful trading strategy that you'd employ (and that wouldn't be too complicated to analyse)? Would it be, say, to use a 20% trailing stop loss? Or are such trading strategies more complicated? It might be interesting to compare it to a "buy and hold" strategy. Thanks in advance :).

PS: if anyone else has some winning trading strategy ideas, would love for you to email me at Srid017@yahoo.co.nz .

tracker
09-03-2005, 06:46 AM
hey one up
Rule #1 should read think very carefully before buying a stolly stock, until you have the stop loss thing under control
tracker

stolwyk
09-03-2005, 09:16 AM
Hi Tracker,

I think your first job is is trying to control yourself without becoming involved into personalities.

You need to get away from that hate culture even if it is bred into you. Don't think it is not being noticed. How about being nice?

You have shown yourself to be a prize fool for not having apologized for giving out the wrong info. Loss of face is a big thing, isn't it?
_____________________________________

Readers,
The IRD will give more info about diversification and a few other items.

Gerry

miner
09-03-2005, 09:35 AM
Ok Gerry if someone had bought ASC at 35c,now 4.7,and LUM at 80c,now 10c,when they were being heavily ramped as good buys,what would you suggest they do or should have done?.

"A" used a stop and sold long ago as they got it wrong,or
"B" Still hold and hope they go up,and not risk paying 39% tax.

For once please just try and give a straight simple answer,as in "A" or "B".

Cheers
Miner

miner
09-03-2005, 09:39 AM
Oneup thanks for the constructive reply,do you want the long or the short answer???,will give you a reply when have time.

Cheers
Miner

tracker
09-03-2005, 10:17 AM
hey gerry you talking to me about saving face??????
my goodness the word hate is a little strong
lets try this
I have an ability to call stocks and make money as the stock is going up or down without trying to SHOVE it up higher, or lower.
I dont need to promote any stock that i hold BUT i sometimes try and post so as others can make money etc. 9/10 times I will not have bought the stock yet but the mere fact of posting and alerting others to a potential trade is well just a nice thing to do in my books
90% of my posts are done b4 or after market not during, as mate well i AM JUST TOO DAMN BUSY TRYING TO MAKE SOME MONEY, as well as dealing with a largish household etc
Now about saving face well what should I say, who would you go to gerry to have a foot removed from your mouth, a dentist or a proctologyst????
Saving face ya reckon
GET a life
and yes I dont like the way you post or try and ramp what you are already set in, doesnt interest me at all
So I guess I dont hate you , BUT i do hate the dribble that spurts forth from your lips yes I do hate that, especially as what you are doing is literally sucking the lifeblood out of many peoples lives
that is what you are semi responsible for, and that to me is well sad very very sad

Now back to this stop loss issue
I will try NOT to enter a trade without a clear exit strategy as in if I am wrong, see ya later simple as that , and if I am right that stop follows me as well
it is negligent,yes NEGLIGENT to not mention the need for stops at every stage of your purchase IT IS WRONG and yes I HATE that, stops have saved me from being hurt badly as the first stop out is generally the cheapest, and you know what, the market is never wrong
If on a winning trade that 5-10% stop follows me all the way up, and for as long as it holds I am still in a trade,if short it follows me down,frankly I think that anyone ignoring stops needs their head read, or they have more money than anyone knows about
does this clear anything up for you?????
so yeah I dont need to save face you do
so yeah I do HATE what comes from you "research"
I guess not so much the "research" mainly the way it is presented,and someone not seasoned could loose bucket loads thanks to you, now how does that make you feel??????
for some strange reason you do sometimes come across as credible, at least for a week or 2, and by then people have probably lost what they planned to invest in the market
SIMPLE AS THAT
so no I dont hate YOU, just everything you stand for lol
grow some plants, veggies, a personality , whatever takes your fancy, just dont cost people money, is that fair enough??????
have a great day and make some money
tracker
stops as always(been saying this for years look at my older posts etc)

stolwyk
09-03-2005, 10:53 AM
What you said was irrelevant, Tracker.

You are obsessed with your self.

All people wanted is an apology from you from handing out the wrong costly info.

You didn't.

Yes, I know you better than you do yourself!

One day, I may even able to read your writing. Please plod on.
________________________________________

Miner, please learn to read posts carefully. They never said that one should hold onto shares for ever. But I said time and time again "Consult the Inland Revenue Dept".

YOU DIDN'T.

Like Tracker, you are also stubborn and am continuously looking for point scoring, not caring for the newbies who as Investors could lose money because of your advice which went seriously astray.

You don't even qualify to be a leader trying to cover your own hide. In your case I would have apologized long ago for issuing bad advice.

And all the time you try to wiggle your way out of it.

Not good.

Gerry

miner
09-03-2005, 11:04 AM
Ok Gerry if someone had bought ASC at 35c,now 4.7,and LUM at 80c,now 10c,when they were being heavily ramped as good buys,what would you suggest they do or should have done?.

"A" used a stop and sold long ago as they got it wrong,or
"B" Still hold and hope they go up,and not risk paying 39% tax.

For once please just try and give a straight simple answer,as in "A" or "B".

Cheers
Miner

tracker
09-03-2005, 11:22 AM
i go for the proctologyst lol
hey stolli i never pretevded or inferred that i knew anything about NZ tax system, just about people being on winning trades and carrying stops as they go
so yeah
see someone ok
tracker
tight stops as always

stolwyk
09-03-2005, 12:08 PM
I had an idea you were associated with proctology. Still, a necessary job.

An apology would have been in order.

Gerry

tracker
09-03-2005, 01:17 PM
an apology for what exactly, not knowing the NZ tax system
man I dont even no the Aussie version, so try again, maybe once your meds have kicked in
make some money
and have a great day
tracker

stolwyk
09-03-2005, 01:26 PM
You find the word "manners" in the dictionary but yours may not have it.

Irrespective of you not knowing the NZ tax system, I would have apologized in this case because some damage may already have been done.

Still, no need to worry about the newbies who got hit?

miner
09-03-2005, 01:43 PM
Ok Gerry if someone had bought ASC at 35c,now 4.7,and LUM at 80c,now 10c,when they were being heavily ramped as good buys,what would you suggest they do or should have done?.

"A" used a stop and sold long ago as they got it wrong,or
"B" Still hold and hope they go up,and not risk paying 39% tax.

For once please just try and give a straight simple answer,as in "A" or "B".

Cheers
Miner
P.S are you going to give me an answer Gerry???.

tracker
09-03-2005, 01:54 PM
hey miner "touche"
and NO gerry i owed nothing if anything maybe some people didnt follow all your "hit" list so they actually might have saved some money lol
but hey march on old man at some time in your life you have to be right, just sick of waiting for the day lol
tracker
tight stops as always

stolwyk
09-03-2005, 02:13 PM
Miner,

You were first referring to *routine* stoplosses for Investors and I cautioned you.

You gave poor advice, didn't apologize to Investors, are now trying to save your ego and checkmate me.

Let me tell you this: you don't care about these socalled newbies you always talk about.

You know the taxation rules re traders of course: you are a trader.

As to Investors, see the Inland Revenue for information, they have pamphlets re taxation rules.

I won't be talking on behalf of this Department, ramper.

As mentioned many times before: Go and see the Department.

miner
09-03-2005, 02:32 PM
quote:Originally posted by stolwyk

Miner,

You were first referring to *routine* stoplosses for Investors and I cautioned you.

You gave poor advice, didn't apologize to Investors, are now trying to save your ego and checkmate me.

Let me tell you this: you don't care about these socalled newbies you always talk about.

You know the taxation rules re traders of course: you are a trader.

As to Investors, see the Inland Revenue for information, they have pamphlets re taxation rules.

I won't be talking on behalf of this Department, ramper.

As mentioned many times before: Go and see the Department.






Cant see an "A" or "B" in that answer Gerry,but then didn't expect one after in your haste to nail me on something you only ended up doing a great job of painting yourself into a corner.

And surprise surprise you are now choosing to stay in that corner and shoot your toes off a post at a time.

Interesting also that you chose not to choose "A" as you were one of the main rampers on those shares,to bad for the newbie sheep ay you've fleeced them and moved on to the next ramp.

BUT all is not lost as now is an appropriate time to use one of your favourite sayings that being"The readers will decide".

Gerry Stolwyk a man of many toes it seems.

Cheers
Miner

stolwyk
09-03-2005, 03:01 PM
Miner started off with giving the wrong info to Investors re Stoploss, caused some damage, then didn't want to recognize his mistake (To hell with the newbies), didn't apologize and then asked me questions so as to bury his mistake, and posters may forget what happened in the first place.

Totally irresponsible if caught out.

I don't have to answer his questions as I didn't make up the taxation rules; I suppose if I did answer some, he will come back with more questions.

So, I say again: Go and visit the IRD who have pamphlets about a number of facets re taxation of Investors.

Will he? NO.

He seems to think it is a matter between him and me while in reality it is a case between the IRD and the Investor.

Investors, please ignore Miner's personal opinion in this case and visit the IRD instead.

That is responsible advice IMHO.

Gerry

tracker
09-03-2005, 03:15 PM
yo stolly and to hell with stop losses
reminds me of a fellow who happened to buy mrl as a seed capital client
well when the stock ran to like to 360+++ and he didnt want to sell as he had a tax problem, well now he just has a problem with the crappy shareprice and regrets the day he thought about the ato
true story
this man gave up hundres of thousand dollars because of the possible tax liabilitylol
i wish you and all those on ST the same problem
no stop loss (for whatever reason ) is a crock of sh1t
have a great day
tracker

tommy
13-04-2005, 03:38 PM
Announcement out, here we go:

http://stocknessmonster.com/news-item?S=SSN&E=ASX&N=287219

______________

OIL & GAS RESERVES
13 April 2005

On 9 December 2004, Samson Oil and Gas N.L. (gSamsonh) announced that the company intended to increase its interest in Kestrel Energy Inc. (gKestrelh) by a private offer to non-US resident shareholders on the basis of five Samson shares for every one Kestrel share. Following
acceptances received to date, Samson has a 75% interest in Kestrel, which is now a controlled entity. The Directors of Samson have completed an estimate of the groupfs oil and gas reserves
(100% of Kestrel and Samson). As a result of this review the reserve estimate is as follows:

BCFe NPV10
Proved 25.1 A$48.5 million
Probable 81.1
Total Proved and Probable Reserves 106.2

In addition the assessed Possible reserves has been estimated at 267.3 Bcfe.

The reserve estimate and the valuation of that reserve have been undertaken by Mr Timothy Hoops a petroleum geologist with 26 years experience. The reserve estimates have been calculated using the Society of Petroleum Engineers guidelines.

The proven reserves of Kestrel which have been reported in their USA SEC filings have been reassessed in light of the capital funding now available for development and incorporate a proven reserve previously included in Kestrelfs SEC filings but removed due to the lack of funding for development. These proven reserves which were independently assessed have been reinstated given the now available funding.

Probable and possible reserves not previously estimated by Kestrel have been included as well as those directly owned by Samson.

Given the 75% shareholding that Samson holds in Kestrel, the value attributable to Samson of the groupfs reserve is as follows:

BCFe NPV10
Proved 18.9 $36.4 million
Probable 62.9
Total Proved and Probable Reserves 81.8

Based on the 75% shareholding in Kestrel and assuming an issued capital of 76.6 million shares, the value of Samson shares based on the reserve assessment would be:

NPV10 Per share
Cash and liquid assets A$11.2 million 14 cents
Proved reserves A$36.4 million 48 cents
Total Cash and Proved Reserves A$47.6 million 62 cents

Samson and its subsidiary Kestrel hold over 44,000 acres of production, development and exploration acreage in Wyoming, including pipeline infrastructure. Samson also has interests in three other oil and gas fields in Oklahoma, New Mexico and Louisiana. It has a strong technical
and operational team based in Denver. During the balance of 2005 it expects to drill 12 wells.

Samsonfs Managing Director Terry Barr commenting on the reserve assessment said:
gThe reserves estimate has demonstrated the strong asset base underlying the Companyfs value. Based on our current issued capital, cash plus proven reserves Samson is valued at 62 cents per share. As the development and exploration programme evolves this value should become more apparent to the market.h

For and on behalf of the board of
SAMSON OIL & GAS N.L.
TERRY BARR

Managing Director

Footnotes:
BCFe is Billion Cubic Feet equivalent converting and oil reserve to gas on a heating value basis.

NPV 10 is Net Present Value at a 10% discount rate using an US$ / AUS$ exchange rate of 0.75, and commodity prices
as at June 30, 2004 actually received in each property.

This announcement has been compiled by Terence M Barr a petroleum geologist with 30 years experience in the
petroleum industry.

yogi-in-oz
19-05-2005, 12:21 AM
:) :) :) :) :)

Hi folks,

SSN bringing in a workover rig to clean debris out
of GREENS CANYON #2 ..... a 15,300' well, which
has already shown high levels of gas at 10,000 units,
during previous operations.

..... has the potential to be a low risk/high return
well for SSN.

Even if this attempt fails, they have a couple of other
options, including sidetracking the current well around
the obstacle ..... watch this space.

Some key dates ahead for SSN:

26 May 2005

31 May 2005

06 June 2005 ..... positive action here ..... ???

09 June 2005

17 June 2005

24-27 June 2005 ..... significant news here ... finance-related ???

18-20 Jully 2005 ..... 3 short time cycles due here .....

-----

Upside price targets at around 45 and 62 cents,
whilst SSN should find downside support,
around 30 and 22.5 ..... :)

happy days

yogi

:) :) :) :) :)

robbo
22-08-2005, 04:42 PM
Samson (SSN)

All Good Things ..... Can "someimes" [:I] ;)... Come To those who Do like to wait ... and : keep the faith !! [:p]

Samson. Time to poull out of the Bottom Drawer Sock Cupboard....and see how things are travelling for This Oil ...and mainly Gas Play; in the US of A ....

Now has moved Up 44% .... from the Buy in P_rice suggestion of 27 cents, back in January ... Took a BIT on the long side; have to say... ah well....

Anyway, Good things seem to be now coming at last for us Samson (SSN) investors ....

Since the/my .... Samson (SSN) Call ...in January.... possibly looking like finally about to get, IMO... some of the Investor Support, which, in my view, Samson (SSN) deserves ...but only, IMO.. .. on what is a proper evaluation and valuiation basis,for SSN ....

Kindest Regards,

Robbo :)

kura
23-08-2005, 10:28 AM
Yes, it is nice, for several months this was the "dog" of my portfolio.

robbo
23-08-2005, 11:07 AM
Samson (SSN)

Not a Dog, Wooof Wooof!!

Just a Sleeping favourite PET, that I am certain you never lost faith in Kura !!

Pre Open looking promising too this morning Kura

Regards,

Robbo:)

kura
23-08-2005, 03:05 PM
Yes, a much loved pet, that lies round sleeping most of the time, but now ready to come out and do some decent howling.

Looks like a bit of resistance at 40 cents though. Don't know if it was their recent presentation putting a value of 60... 70 cents on share price that has sparked interest, but there is nothing new in that, previous presentations have also indicated that current share price was about half of their internal valuation. (Not that I'm grumbling mind you)

robbo
01-09-2005, 08:37 PM
Samson ( SSN )

There goes that SSN "resistance" of 40 cents you were discussing in your last post Kura .. ... [:p]:)

Up &gt; than 3.5 % today ...

September may be Samson's (SSN) month, to break, north of 50 cents,
waht do you reckon....

Regards,

Robbo :)

yogi-in-oz
02-09-2005, 01:53 PM
:)

Hi folks,

SSN ..... ticking up nicely now ..... :)

Updated time cycles for SSN, in September/October 2005:

02092005 ..... minor news (?)

08092005 ..... minor and negative ..... finances(?)

16-19092005 .... 2 cycles here ..... looks like positive news (?)

Looking to exit SSN, in late September ..... :)

-----

04-06102005 ..... 3 cycles here ..... looks negative .... a high (?)

19102005 ..... more negative news (?)

27102005 .... minor and positive at lows (?)

01112005 .... changes to management or finances(?)

have a great wekend all

yogi

P.S. ..... holding SSN

:)

robbo
02-09-2005, 03:05 PM
Samson (SSN)

Predicted 50 cents Target for SAMSON Yesterday,

by sometime this month....

and we are now at 45 cents.... wow...

Regards,

Robbo
Hold Samson (SSN) :)

kura
05-09-2005, 11:32 AM
Gee, we got a decent howl this morning !

Disc: Thinking of taking profits off the table

robbo
05-09-2005, 03:43 PM
Samson SSN

Think that in the current Climate of High oil Gas prices, and current forseeable shocks and shortages, & overall pressure vis a vis the Gas/Oil shortage .........that there is more "gas" in this baby yet...

IMO, this goodies stock (SSN) has All the strength of S...... [:o)]

Kind Regards,

Robbo:)

robbo
16-09-2005, 01:51 PM
Samson (SSN)

Talk about strength of Samson (SSN) ....

Smashed the 50 cents prediction, see 3 posts or so ago...

UP nearly 9% today, to be 52.5c [:p]

Could this be another//the next Tommahawk (THK) ???!!! ;);)

Kind Regards,

Robbo :):)

yogi-in-oz
16-09-2005, 02:27 PM
:)

Hi folks,

..... and Green's Canyon news comes in,
right on time, as per post above, on 02092005.

All going to plan, so far ..... :)

have a great weekend Samsonites

yogi

:)

robbo
17-09-2005, 10:38 AM
Samson (SSN)

There's a Girl ... called .... "Katrina" ....

who is doing Samson some rather ironic favours too..

Also see Latest Samson (SSN) announcment.

Regards,

Robbo :)

yogi-in-oz
19-10-2005, 09:57 PM
:)

Hi folks,

SSN ..... as posted above on 02092005, company news
comes in on time ..... not negative as expected, but
quite a positive announcement, this time ..... !~!

This story just keeps getting better ..... :)

happy trading

yogi

P.S. ..... holding SSN.

:)

yogi-in-oz
27-10-2005, 09:24 PM
:)

Hi folks,

SSN ..... as per post above 02092005, two positive announcements
today come in, right on schedule ..... :)


http://stocknessmonster.com/news-item?S=SSN&E=ASX&N=303549

27102005 .... minor and positive at lows ..... 2 announcements

01112005 .... changes to management or finances(?)

have a great day

yogi

P.S. ..... holding SSN

:)

robbo
28-10-2005, 05:38 PM
Samson (SSN)

Hi Ya... Yogi ...

Suspect November to Slot through the north of 52 cxents barrier with not too many problemos...

Regards,

Robbo:)

kura
28-10-2005, 06:01 PM
Hi All, I'm not a holder at moment, (took profits & sold) but see they have announced a SPP @40 cents($5000 per shareholder max) My thinking was to purchase a minimal holding (say 1000 shares) then take up max entitlement under SPP, just seemed like a cheap way of getting aboard again, of course I could have missunderstood the SPP announcement ?

robbo
11-11-2005, 02:39 PM
Samson (SSN)

And Here we Go ... Hang on Tight ... :)[:p]

Regards,

Robbo :D

yogi-in-oz
11-11-2005, 03:28 PM
:)

Hi folks,

SSN ... record gas flows ..... !~! ..... :)

Looking good now !~!

Next, AZZ bites the bullet and spends their $40m,
on a stake in SSN ..... ???

happy days

yogi

:)

robbo
11-11-2005, 05:27 PM
Samson (SSSN)

Hi Yogi Bear,

Lookin Good....
Short-Medium Haul is looking Exxxxceeelent!!!

Kind Regards,

Robbo:)

yogi-in-oz
11-11-2005, 10:30 PM
:)

..... and more news out today, after the bell, Robbo!~!

Today's pricae action makes buying into the current
SPP at 40 cents, a real no brainer ... :)

happy days

yogi

:)

robbo
14-11-2005, 01:10 PM
Samson (SSN)

Short Term Opportunity for Safe and Steady Profits... IMO....:);)

Hi Yogi,

Based on my Research and analysis,

I value Samson Gas & Oil (SSN) SSN for the First New Share Price Rise at a new Target of 69-75 cents......

But will then plane up to 85-87 cents...again only in my assessment...

This is a World Class Natural Gas Resource in USA, that Samson Owns, manges and controls, AND which it ought to be remebered, the United States is now increasingly hungry for ready to go Energy . ... and for reliable proven Energy as an alternative to Oil.

And as the Samson ( SSN) ASX Report/Announcement: says explicitly,

This World Class Gas Reserve, 100% owned and controlled by Samson, is now Earnings Positive and will get more and more profitable and EBITA improving the Bottom Line...

So this is a dead Easy Choice(SSN) as an Investment; IMO...especially for those who need an extra say 35% - 38 % Gains in the short term ...in my estimation at a conservative sort of estimate....

Here below then is The New Samson (SSN) ASX announcment, but before we read that, must remember that SSN was oalready Earnings Positive and Cash Flow strong with no real debt to speak and Strong Cash Reserves.....

ASX ANNOUNCEMENT

RECORD GAS FLOW RATE FROM GREENS CANYON

11 November 2005

The Directors of Samson Oil & Gas N.L. (Samson) are pleased to provide the following update on the
Companys operations in Greens Canyon Field in Wyoming:

GREENS CANYON FIELD, Wyoming
(Kestrel 100%)

Greens Canyon #2

As previously reported the fracture stimulation of the Frontier Sandstone in the Greens Canyon #2 well has
been successfully completed on November 1. The initial well flow rate was 1,200 mcfpd, calculated from a
flowing pressure of 1575 psig on a 14/64 inch choke.

The well was turned to the sales line on the evening of November 4 however the existing field processing
facilities which remove the entrained water from the gas stream failed to cope with the flow rate and
therefore the well had to be shut in, whilst repairs to the system were undertaken. This work is modest and
the well has now been returned to producing gas to the sales system.

After a period of 12 hours the flow rate from the well was measured at 2,700 mcfpd at 2,200 psig on a
14/64 choke.

The flow rate has materially established that the Frontier and by extrapolation the Muddy Sandstone can be
produced at economic rates from within the Greens Canyon Field. Whilst this had been previously
determined from technical data, operational difficulties with the previous stimulations had meant that this rate
had to be demonstrated in a practical sense.

The next step in the development of the field which has been assessed to have a recoverable potential of 74
Bcf will be to drill the Sue Federal well. Planning and the sourcing of a suitable rig can now commence given
the successful outcome of this treatment.

Based on early November cash prices in this region, it is expected the sales gas stream will attract a price
into the Duke Energy transmission system of around US$ 7.50 per mcf.

Sproule and Associates in their July 1 2005 reserve report had determined that a proved undeveloped
reserve per well of 3.5 Bcf, Initial flow rate indications are in line with the assumptions used to determine this
reserve.

For and on behalf of the board of

SAMSON OIL & GAS N.L.

TERRY BARR
Managing Director

ABN 25 009 069 005
Level 36, Exchange Plaza, 2 The Esplanade, Perth, Western Australia, 6000
PO Box 7654, Cloisters Square, Perth, Western Australia, 6850
Tel: (+618) 9220 9830 Fax: (+618) 9220 9820
Email: contact@samsonoilandgas.com.au Web : www.samsonoilandgas.com.au ASX Code: SSN

Kindest Regards to all hre at Share Trader.

Robbo :):)

yogi-in-oz
14-11-2005, 02:16 PM
:)

Hi folks,

SSN ..... it's not finished, yet ..... :)

Key dates ahead, may be:

18112005 ..... significant and positive

01122005 ..... significant and positive news???

06122005 ..... a high? Significant news ... finance-related???

16-19122005 ..... management/direction changes ???

301205-02012006 ... minor news

11012006 ..... financial news???

16012006 ..... significant and negative

20012006 ..... significant and negative news

06-08022006 ... minor and positive news/moves?

14022006 ... minor

27-28022006 ... significant, negative and financial news???

happy days

yogi

P.S. ..... holding SSN

:)

robbo
14-11-2005, 08:07 PM
Samson (SSN)

G'Day Yogi,

I wacked up a few thoughts, observations and querries that may be of some Good SSN Interest in "Techies Stuff" ....over there on H/Copper, (where I rarely astro travel- ;) ...... only when you have a bit of a chance mate.

Regards,

Robbo:)

robbo
15-11-2005, 04:28 PM
Samson (SSN)

In Pre Open now, pending an announcement

Regards,

Robbo :):)

robbo
15-11-2005, 04:47 PM
Samson (SSN)

And so here is the Good News for Samson (SSN) Investors) -- :)[:p]
ASX Announcement -- Fresh Off the Press.

ASX ANNOUNCEMENT ---- Samson Oil & Gas (SSN)

3rd SUCCESSFUL WELL IN AMBER GAS FIELD

15 November 2005

The Directors of Samson Oil & Gas N.L. (Samson) are pleased to announce that the Reynolds 1-23 well in the Amber Gas Field in Oklahoma has been completed and is currently producing at 750 mcfpd.

As previously reported the third well in the in fill development programme in the Amber Gas Field, the Reynolds 1-23 well, has been fracture stimulated.

The well has been turned to the sales system but has been restricted in its flow rate because of the high pressures being experienced in the sales line.


First sales were effected on Friday 11 November 2005 and the gas rate has been at around 750 mcfpd for the past three days.

Flowing tubing head pressures have been increasing as the well flows back treatment fluid.

The flowing tubing pressure reported on Sunday 13 November 2005 was 1,400 psig, which had increased from 675 psig on Friday.


Commentary
The initial rate of the Reynolds wells is in line with that achieved in the previous two wells and the expectation is that this will increase as the treatment fluids are recovered.

The sales system has undergone a pressure increase and therefore the Reynolds well is unable to flow at its capacity. This problem is expected to be rectified in the short term.


The fracture stimulation of the Reynolds well completes the initial
phase of the in fill development programme. The success of these
wells has pointed to a sustained programme which could include a
further 11 wells an acreage that Kestrel has either 37.5% or 32.5%.


The results from the three wells will now be integrated into the pre drill mapping and engineering data set and this work will then determine the second phase of the in fill programme.


The rig will now drill four wells in which Kestrel does not have an equity before returning in first quarter of 2006 to drill
a well on the Kestrel sections.


For and on behalf of the board of SAMSON OIL & GAS N.L.
TERRY BARR
Managing Director

Amber Field Net Pay Isopach Map, showing 11 additional possible development locations


ABN 25 009 069 005
Level 36, Exchange Plaza, 2 The Esplanade, Perth, Western Australia, 6000 PO Box 7654, Cloisters Square, Perth, Western Australia, 6850
Tel: (+618) 9220 9830 Fax: (+618) 9220 9820
Email: contact@samsonoilandgas.com.au Web : www.samsonoilandgas.com.au

ASX Code: SSN
Page 1 of 1


Kind Regards and .... of course a Big Well Well Done ..... to All Samson (SSN) share Investors...:):)

Samson (SSN) now Looking very good; and even more encouraging as the weeks and months unfold, (fingers crossed) [:p][:p] ;);)

Robbo :):)

robbo
15-11-2005, 06:19 PM
Samson (SSN)

Saw this Toll Hurst Noll Research floating around on another Site--regards Samson (SSN)

Do however Note that this Research is dated on November 4.

ie: This Report was 'Before' the Good News Samson SSN announcmnents Today on 15/11/05 and the two positive Samson (SSN) announcements to the ASX by: Samson (SSN) on the 11/11/05... which IMO put a more positve Risk eValuation than even this...

Nevertheless it is Good and seems relevant interesting Research...

Samson Oil & Gas NL

Material result from Greens Canyon fracture stimulation
#2 flows 1.2 Mmcf/d from Frontier sands following fracture stimulation

Research Quick View
Price: $0.44 Market Cap: $37.3m
Recommendation: Speculative Buy Risk Rating: High
Event
The Greens Canyon#2 well has been fracture stimulated in the Frontier sands. The stimulation procedure went according to engineering design.
Within 24 hours the well is flowing gas at 1.2 Mmcf/d on a 14/64 choke at a flowing pressure of 1,575 psig and is about to be connected to the sales gas line.

Impact
This is a very material result for Samson Oil and Gas for the following reasons:
o It validates the Frontier sand play and by inference the deeper (albeit inaccessible in this well bore) Muddy and Dakota sand intervals.
o It vindicates the fracture stimulation technique used in this well & allows for further refinement of the technique in subsequent wells.
o Individual well reserves are assessed at 3.5 Bcf/well.
o Substantial follow up potential contingent upon the successful results of this well.
#1048707;#61472;A drilling rig will now be sourced to drill the Sue Federal location in the Greens Canyon field, where some 74 Bcf of 2P gas reserves are assessed within this play that have hitherto not been considered in the valuation.
Todays result points to at least $0.42/share of value in the Proved Undeveloped reserves based which we had risked at 50% probability of success (ie allowed $0.21/share in our valuation for these reserves). Assuming a 70% chance of commercial success (ie de-risking the reserves) increases the valuation by around $0.08 to a risked valuation of $0.49/share excluding exploration potential. This is partially offset by a $3.5m reduction in cash during the September quarter.

Background
The Greens Canyon gas field (comprising the Frontier, Muddy and Dakota sands) contains a significant proportion of Samsons Proved Undeveloped (PUD) reserves which in turn constitute almost 75% of the potential value within the Proved reserves base.


Samsons 90% owned subsidiary Kestrel Energy has been working on commercialising these deep gas since the year 2000, however mechanical failure in two wells (GC#1 & GC#2) together with historically poor application of fracture stimulation technology has hitherto precluded a commercial result being achieved.

The Frontier sands were deemed to be the consolation prize after the work-over of this well failed to put steel casing below the target Muddy sands.
Research Analyst: Jrgen Hendrich
Sector: Oil & Gas Date: 4th November 2005

Kind Regards,

Robbo :)

kura
15-11-2005, 08:14 PM
Got papers re SPP in mail today, will mail off my cheque tomorrow morning. (Think everyone will also apply for max )

Did notice on form "...SPP will be limited to 5,000,000 shares.....directors reserve right to scale back applications..." We just have to wait & see !

robbo
22-11-2005, 03:57 PM
Samson (SSN)

ASX Announcement for Samson (SSN).

Just Gone into a sudden : "Pre Open"......

Could be a Goodie... I suspect... (fingers crossed)[:p]



Kind Regards,

robbo:)

robbo
22-11-2005, 06:25 PM
Samson (SSN)-- ASX Code: SSN

By The looks, this is Very Good News Indeed for Samson. (SSN) .:)[:p]

Samson (SSN) are going to be very very Busy Vegemites in Year 2006 .....

ASX ANNOUNCEMENT

135,000 ACRES OIL AND GAS PARTNERSHIP IN WYOMING SEALED

22 November 2005

The Directors of Samson Oil & Gas N.L. (Samson) are pleased to announce a joint venture agreement with Mr John Lockridges company Mountain Energy LLC covering 135,000 acres in the Denver Julesburg Basin in Wyoming, USA.

Mr Lockridge is a seasoned explorer and producer recently recognised by the American Association of Petroleum Geologists as Explorer of the Year for his work on the Niobrara Formation.

Mr Lockeridge has spent over 20 years acquiring acreage in the joint venture area focusing on the Niobrara Formation.

The agreement seals a 50:50 partnership over all of Mr Lockridges acreage in the Hawk Springs area of Denver Julesburg Basin in Wyoming.

This lifts Samsons acreage position to over 175,000 gross acres in the Hawk Springs area covering three prospective formations.

The Niobrara Formation
A fractured oil play where over 10 million recoverable barrels of oil have been discovered
just 30 miles south in the Silo Field.

The Cordell Formation
Prospective for gas in the basin evident by the Wattenberg Field which has recovered 320
BCF gas and 30 million barrels of oil

The Lance Formation
Prospective for coal bed methane

The partnership with Mr Lockeridge has been formed to pursue an aggressive exploration programme covering three formations and using the latest drilling and completion technologies
including horizontal drilling using coil tubing. The operations will be managed by Samsons USA subsidiary.

The joint venture is currently in the process of drilling 3 coal bed methane wells in the Lance Formation. This will be followed early next year with deeper horizontal drilling to test the Niobrara
and Cordell formations.

ABN 25 009 069 005
Level 36, Exchange Plaza, 2 The Esplanade, Perth, Western Australia, 6000
PO Box 7654, Cloisters Square, Perth, Western Australia, 6850
Tel: (+618) 9220 9830 Fax: (+618) 9220 9820
Email: contact@samsonoilandgas.com.au Web : www.samsonoilandgas.com.au ASX Code: SSN

Niobrara Formation Oil Project

Samson 50% working interest

The Niobrara Formation is a fractured chalk reservoir and by way of example produces from this
interval in the Silo Field some 30 miles to the south of the Hawk Springs area. There is a strong correlation between the resistivity of the Niobrara Formation and where the rock is fractured and oil
saturated. As a consequence two areas of anomalously high resistivity readings form existing well bores within the Hawk Springs project area have been established where it is likely that analogies to the Silo Field can be established.

The Silo Field will recover around 10 mmstb of oil, the discovery was made in 1982 but it was not until 1992 when horizontal drilling was applied to the field that significant recoveries where made.
Wells drilled using this technique has averaged a recovery of 230,000 bbls of oil compared with average recoveries of around 25,000 bbls for vertical wells.

The exploration programme that has been designed for this objective is that two vertical wells will be located in the areas of elevated resistivity and these wells will be drilled through the Niobrara,
Codell and the Muddy Sandstones such that all prospective levels can be evaluated including the shallowest coal bed methane objectives which would be cored. The well would then be plugged back and a horizontal well drilled using a coil tubing unit such that the Niobrara fracture system can be drilled under balanced.

The potential resource identified for the Niobrara is 20 mmstb recoverable (10 mmstb net to Samson), based on the two observed resistivity anomalies representing two Silo look a likes.

Codell Sandstone Wet Gas Project

Samson 50% working interest

The Codell Sandstone is also productive in

yogi-in-oz
22-11-2005, 11:51 PM
:)

SSN ...... it's just sooooo goooood !~!

happy days

yogi

:)

robbo
23-11-2005, 11:43 AM
Samson (SSN)

Busilly Doing Some Computations and Valuations...

Market has obviously not done that yet with Samson (SSN) Yogi, IMO....

Hope everyone doe NOT actually read the announcement in detail and depth --- heh what !!-- ;)

Their (SSN) Assett base now is awesome ..... and the Underlying Margin of Safety (from my assessment) for Samson (SSN) is very Solid and strong now Yogi.

Earnings and Profits are now already Flowing straight onto the Balance Sheet as we speak.. So that IS good.

For holders for the next 12 months from todays prices, I see 150% plus with Samson (SSN) Yogi... ie: $1.35 plus conservative is my best estiamate Yogi....

We live in a Energy Hungry hungry world, and that will only Increase expedentially, with a little force called Demand and Supply, in the World's Biggest Industrial Economy (USA) -- which will do the rest of the good inevitable work IMO for Samson Investors going forward .....[:p]

Kind Regards,

Robbo:):)

yogi-in-oz
23-11-2005, 12:23 PM
:)


..... many thanks for the figures, Robbo.

happy days

yogi

:)

robbo
24-11-2005, 10:57 AM
Samson (SSN)

Hi Everyone !

If you look at yesterday's Samson's ASX Announcement -- (p.4)
you will see .....that without recovering another bit .....of Gas or Oil, the Current Value per share for Samson ((SSN) is: $0.72.

If you get just 1 share before Demember 5th, you are entitled to subscribe for $5000 worth of SSN at only 40 cents ..... yep that is right, at only 40 cents...:)[:p][:p]

Current Price around for Samson is now 55 cents and rising.....( ...my guess is $1.35 fot Samson (SSN) by the next 6-9 months .....

So, IMO .....that is one of the most simple and basic and 'Easy To Do' and almost "free money" Deals of the Year!!

And this Offer is open to..... anyone at all .... for a little over one (1) more week!

All you now have tyo do is buy 1 SSN share (cost 55 cents plus brokerage!) ....to qualify, before December 5 and then subscribe with up to $5000 worth for only 40 cents per share. wow.

Think about it ...... ;);)

Kind Regards,

Robbo :)

Motto:
Buy when. everyone else is selling , and .. hold until everyone else is buying.
This is more, than just a catchy slogan. It is the very essence of successful Investment.
J. Paul Getty
Disclaimer:
Views expressed above, cannot be read as warranted, either expressed or implied, for their accuracy or veracity. Comments expressed here; are on a Without Prejudice basis only. Views are only the authors personal, subjective whimsical thoughts, sometimes experiences, and intuitions. Obviously, as with all opinions, they are open to discussion and refutation, as well as other interpretations and review. In that light, for any investment decision, always do your own research, seek independent financial advice and independent counsel you can trust at all times. Therefore, please take these opinions and sentiments only in this context.

Kindest Regards,

Robbo:)

OneUp
24-11-2005, 11:16 AM
Thanks for the heads up Robbo. But have they changed the following condition?

"This offer is open to all SSN shareholders registered as such at 5.00 pm Western Standard Time
on [u]9 November 2005</u> (the Record Date) and whose address as recorded in SSNs share register
is in Australia or in any other jurisdiction within which it is lawful and (in the opinion of the
Company) practicable for the Company to offer shares under the SPP."

robbo
24-11-2005, 11:47 AM
Samson (SSN)

Hi One Up

Well, Well ..... what a silly sausage I am. [:o)][:o)][:I][:I]

Right oh. Thanks for that One Up and mark100.

SSN Record Date is indeed November 9. -- [B)][:I]

Makes it Doubly Good For existing SSN Share Holders though .....[:p]

And what will happen now to SSN share Price after that December 5...

The Samson SSN Corporate Summary makes Interesting reading indeed:
Re-Printed Below.

Do the math.

Corporate Summary for Samson. Taken From the ASX released Samson Investor Briefing, yestrday. 23/11/05.

Corporate Summary for Samson.

Cash A$3.527 m
Listed securities A$2.564 m
Total liquid assets A$6.081m
Proved reserves A$54.5 m

Value Per Samson Share Now : $0.72 [:p]:)

Current Price. $0.47

Issued Capital 84.6 m Shares.

Market Capitalisation: A$37.8 million..
I encourage Prospective invetors to read this Samson Investor Briefing from yestrdays ASX announceemnts.

It is very succinct and clear.

Also not hypey. Just lots of facts and very conservative Projections.

Regards,

Robbo :)

yogi-in-oz
30-11-2005, 12:48 PM
:)

Hi folks,

SSN ..... trading halt comes right on time,
as per post above, on 14112005 ..... :)

Further key dates ahead for SSN may be:

01122005 ..... significant and positive news???

06122005 ..... a high? Significant news ... finance-related???

16-19122005 ..... management/direction changes ???

301205-02012006 ... minor news

11012006 ..... financial news???

16012006 ..... significant and negative

20012006 ..... significant and negative news

06-08022006 ... minor and positive news/moves?

14022006 ... minor

27-28022006 ... significant, negative and financial news???

happy days

yogi

P.S. ..... holding SSN

:)

robbo
30-11-2005, 04:36 PM
Samson (SSN)

Word here at The Crownie PUB,regards Samson Trading Halt, might be surrounding the following: (errr its Goood)!! [:p]

If you look at The Annual Report just released SSN are allowed to Place 20 milion shares.

Guess what ? -- Yep, they just might have done that, is: "the word"...

But to whom??? ;);)[:p][:p]

Ahhhh .... now that that is the Goodie bit....

Solid Long Term Instos have voted with their: $10 millions dolars and after a debriefing from Samson CEO and Mangemnt, and bringing in heir own expertise have taken a Medium term Long Position...

Wonder what signal, that will Send to ... the market?? ;):)

All eyes on Samson (SSN) in next 12-24 hours....

Regards,

Robbo :)


Robbos Motto:
Buy only quality when . everyone else is selling , and .. hold until everyone else is buying.
This is more, than just a catchy slogan. It is the very essence of successful Investment. J. Paul Getty.

Disclaimer:
Views expressed above are unwarranted. These views are not to be read as warranted, either expressed or implied, for their accuracy or veracity.
Views expressed above, cannot be read as warranted, either expressed or implied, for their accuracy or veracity. Comments expressed here; are on a Without Prejudice basis only. Views are only the authors personal, subjective whimsical thoughts, sometimes experiences, and intuitions. Obviously, as with all opinions, they are open to discussion and refutation, as well as other interpretations and review. In that light, for any investment decision, always do your own research, seek independent financial advice and independent counsel you can trust at all times. Therefore, please take these opinions and sentiments only in this context.

Kindest Regards,

Robbo :)

kura
01-12-2005, 05:23 PM
Not impressed with issue price, after deducting issue fees SSN will be left with 40 cents (Yep, same as shareholders SPP ) One would think with a price round 50 cents they could have done a lot better from placement, or maybe they are trying to tell us shareholders that SSN isn't worth much more than 40 cents ?
Not surprised share price took a hit after announcement.

robbo
02-12-2005, 04:02 PM
Samson (SSN)

Will bouce back strong and steady, IMO ... [:)

Why:

Coz the stress ball shaort termers, will start to maybe let the 'Penny Drop' -- Doh ! --[:)

---- and calmly, realize ..... that (1) The Successful $8M placeemnt was a Huge Vote of Insto Investor Confidence (IM0) in the Samson (SSN) Gas & Oil Strategy. [:)

(2) They would hvae been seriously briefed, and checked with their own expertise folks, before laying down that sort of mullah --$$$$ ---

(3) the majority of the $8 odd New millions Money Raised, suceesfully will be from Holders andnot traders, thus Underpining the Medium term Floor Price. Furthermore, with all that Cash, SSN can now develop their Multitude of Gas & Oil Plays and bed down some of the New NPAT earnings --- $$$$ ---- accretive and positive projects.....

(4) Watch closely , IMO, what the Next Half Year Official Earnings Result will be for Samson (SSN) .[:p][:p]

(5) I am now very relaxed, and Long long term in Horizon and reassured now with Samson (SSN)


Kind Regards,

Robbo [:)

Robbos Motto:

Buy only quality when . everyone else is selling , and .. hold until everyone else is buying.
This is more, than just a catchy slogan. It is the very essence of successful Investment. [:) J. Paul Getty.

Disclaimer:

Views expressed above are unwarranted. These views are not to be read as warranted, either expressed or implied, for their accuracy or veracity.Views expressed above, cannot be read as warranted, either expressed or implied, for their accuracy or veracity. Comments expressed here; are on a Without Prejudice basis only. Views are only the authors personal, subjective whimsical thoughts, sometimes experiences, and intuitions. Obviously, as with all opinions, they are open to discussion and refutation, as well as other interpretations and review. In that light, for any investment decision, always do your own research, seek independent financial advice and independent counsel you can trust at all times. Therefore, please take these opinions and sentiments only in this context.

Kindest Regards,

Robbo [:)

robbo
14-12-2005, 01:31 PM
Samson (SSN)

My personal Clear Prediction -- By late January, IMO, Samson(SSN) will be: &gt; $1.10 +.

Why so Robbo -- ??

Answer:

Case Sudy -- IMO-- in potential intrinsic undervaluedness ......

(1) Look at the yesterday ASX -- SSN -- formal market Release .....

On a very slumbering quiet day on the bourse, Record Amber Project Gas Flows announced quietly by Samson (SSN) yesterday on the ASX by Samson...

(2) Watch in anticipation, for the the Wyoming USA Oil Flows, to come from current Oil Drilling Programme---- due to be announced mid-late January --in Samson's Baxter Wyoming Project... expecting, IMO, minimum initial 2-3000 barrels of oil, IMO, a day...

(3) Excelllent CEO and proven Oil/ Gas Tecnhical Director: Mr Terry Barr, who is a very Strategic, Proven, Experienced and very Highly pro-active regarded/respected .... Manager and hands on Operator, in the Oil and Gas Sector.

And, from what what hears, Barr, really wants, and has the plans and fire power, to build something very Big, with Samson (SSN) , is the word we hear ..... with regular Market and Industry updates...

Samson (SSN)is a little misunderstood by some presently, but not for long.....

Kindest Regards,

Robbo :)

Disclaimer:
Views expressed above are unwarranted. These views ought not to be read as warranted, either expressed or implied, for their accuracy or veracity. Views expressed above, cannot be read as warranted, either expressed or implied, for their accuracy or veracity. Comments expressed here; are on a Without Prejudice basis only. Views are only the authors personal, subjective whimsical thoughts, sometimes experiences, and intuitions. Obviously, as with all opinions, they are open to discussion and refutation, as well as other interpretations and review. In that light, for any investment decision, always do your own research, seek independent financial advice and independent counsel you can trust at all times. Therefore, please take these opinions and sentiments only in this context.

Kindest Regards,

Robbo :)

yogi-in-oz
10-01-2006, 03:25 AM
:)

Hi folks,

SSN ... and more news out today, after the bell ..... :)

Has bought into more Wyoming production ... !~!

happy days

yogi

P.S. ..... holding SSN.

:)

pago
29-01-2006, 08:01 PM
hi robbo, any views on samson sp slip.i suspect the market is wary of another share placement to fund the stanley energy inc purchase.imo the purchase of stanley is good news,a producer in the usa,increased revenue rolling in now verses drill and search/time delay.the market may be wary about what price will be set on any spp,cheer pago.

robbo
30-01-2006, 12:17 PM
Samson (SSN)

Spot on imo Pago with your observations/comments...re. Samson (SSN)_

Particularly, imo, wariness of the New Capitalization required to "re-frame" -- Samson (SSN) with the intended Very Large Project that you refer, and that Samson ahs indicated...

- The short hand version (imo, only)-- of Samson (SSN) now, imo, is that mgt are attempting to --- "de risk" Samson as a Gas Producer....

-What this will mean imo, is that Samson will become quite attractive to a Super Fund or different type of Investor, maybe seeking moderate safer, but slower less risk implied capital share price growth and a stable future franked dividend flow....?

-Reading "between the lines" I wouold be 85% sure, imo only, of this is the direction that Samson are now undertaking.

This is of course difrfernt than waht was predicated before the last Major Announcmnet by Samson. It is now looking like becoming a totally different style of Investment Proposition -- that will apeeal to a different style of Investment Strategy taht previously premised.

Bottom Line:

Money invested in Samson(SSN)sahres for folk like us; now therefore imo only; --could be likely to "drift"-- and be very lazy .... for anywhere between # 9-18 months at a guess ..... and certainly the previous desired leverage in SSN, is not now as evidenent as first hoped.... ....

Again .... only .... imo...

Hope that helps maybe Pago!!

Kindest Regards,

Robbo. :)

pago
30-01-2006, 06:38 PM
thanks robbo for your thoughts.the shareprice is likely to hover about 40c until the funding is in place.i cant see it going much under 40c,the last spp to shareholders,but it may surprise and present a buying opportunity.in some ways ssn is now adopting the amu style of acquisition.the quarterly a and c report is due any day now.could be an interesting week,cheers pago.

kura
31-01-2006, 05:11 PM
Yep, looks like a buying opportunity coming up, will wait to see how low it goes myself.

Placement as part of AIM listing, would benefit co longer term, but suspect price will be pitched at low end (would be dissappointed if it was sub 40 c) Seems like the more short term weakness, the more likely a discount in placement price becomes.

Gee, it wasnt that long ago that taking up max SPP entitlement was "money for nothing"

yogi-in-oz
02-03-2006, 02:34 AM
:)

Hi folks,

SSN ..... off its lows and volume picking up
slowly, as well ..... :)

Almost primed again for some SSN news,
around:

07032006 ..... minor news ... ???

16032006 ..... significant and positive ...???

happy days

yogi

:)

yogi-in-oz
14-03-2006, 03:32 PM
:)

Hi folks,

SSN ..... good news comes in a little early ..... :)
.... see post above.

happy days

yogi

:)

robbo
17-03-2006, 04:55 PM
Samson (SSN)

Heh Yogi Bear ...


Your (SSN) Stars.....:) are really coming beautifully .....into almost Perfect Alignment ...today my good prophetic friend :)

Samson's (SSN) Announcement Today; is, imo, potentially Very very signifiant indeed.


And the market liked (SSN) today too.

Samson (SSN) now up Today about 8-9% on large traded Volumes.

Obviously .....the 40 cents ----will seemingly be for (SSN) .... by the looks, the "resistance" levels now....for SSN

What do you think of SSN breaking 40 next week Yogi ?

Me thinks : "Yes"

Regards,

Robbo:)

pago
17-03-2006, 06:22 PM
hi robbo,liked the a/n,drilling started at greens canyon.the a/n speculates on hugh potential in the billions but they have to find it first.this may be bit of a promotion pre share placement.the market loves sky high $potential,but the drilling is underway. i topped up on the recent downtrend,watching to see what they find,cheers pago.

yogi-in-oz
17-03-2006, 10:18 PM
:)

Hi folks,

SSN ..... this article should ensure Samson ventures
into the 40s, next week ..... ???

http://www.aireview.com/index.php?act=view&catid=8&id=3721

have a great weekend

yogi

P.S. ..... holding SSN

:)

yogi-in-oz
21-03-2006, 12:41 PM
:)

..... more details on Baxter released, today:

"Drilling Operations Baxter Shale Oil Test Green River Basin"

happy trading

yogi

:)

robbo
21-03-2006, 01:10 PM
Samson (SSN)

Hi ya Yogi,

Great to hear from you As is Always......

imo.....If Oil shows Commercial Flows at Stanley/Baxter etc.. over this next 2,3, 4 weeks.....

Then imo think Samson (SSN)--will re-rate back to mid/high sixties and maybe even early seventies...

Chance/Probabilitiy on "my read"--- is probably 65/35 "against"--or 35/65 "for"---- whichever way you want to phrase it--imo---

ie: about a one third chance of a BIG positive Outcome ! [:p]

Fingers Crossed

Kindest Regards,

Robbo:)

yogi-in-oz
25-03-2006, 02:50 PM
:)

Hi folks,

How much good news can one stock handle, without moving??

SSN ..... technically, we have seen some base-building,
since mid-February 06 and sustained higher volumes
over the past week too, indicating some traders are
serious about accumulating, at this pricelevel.

A close above 42 cents, with good supporting volume,
should see some new players come in from the sidelines,
as well.

Looking at key dates ahead for SSN:

03042006 ..... minor

13042006 ..... significant and positive news???

happy trading

yogi

:)

yogi-in-oz
31-03-2006, 02:22 PM
:)

Hi folks,

SSN ..... this should do it ... today's news:

"Exceptional Gas Show at Turner 5-14"

happy trading

yogi

:)

yogi-in-oz
03-04-2006, 01:24 PM
:)

Hi folks,

Payzone confirmed ..... !~!


SSN ..... Exceptional Gas Pay at Turner 5-14


happy days


yogi

P.S. ..... holding SSN

:)

yogi-in-oz
07-04-2006, 03:56 PM
:)

Hi folks,

An update, today:

SSN ..... Exceptional Gas Pay at Turner 5-14

happy days

yogi

P.S. ..... holding SSN.

:)

kura
28-06-2006, 10:22 AM
This stock has been in a downtrend for last few months, and was thinking of having a bit of a punt again with this one (Buying against the trend , nobody tell Phaedrus )as it seems to me to being one of those unloved, quiet achievers, any other opinions out there ?

yogi-in-oz
17-07-2006, 02:08 PM
:)

Hi folks,

SSN ..... will be alert for some positive news from
this camp, over the next couple of days ..... :)

18072006 ..... 2 significant and positive cycles,
may bring us some good news and a rally ..... ???

happy days

yogi

:)

=====

kura
18-03-2007, 11:34 PM
Anybody still following this one ?

I never got in (per my post of 28/06/06) (thankfully) and don't have any immediate intention to so, (after watching price approx halve in last year) latest half yearly accounts were a dissapointment, just wondering if anyone has a positive spin to counter my negative thoughts ??

Huang Chung
22-05-2008, 06:25 PM
anyone picked it for the comp?

pago
22-05-2008, 07:08 PM
anyone picked it for the comp?

no but as a holder its about time ssn moved,pago

Huang Chung
22-05-2008, 07:41 PM
Well done pago. ;)

pago
08-01-2010, 10:04 PM
samson nearly died,too much debt/not enough income. there is renewed interest in ssn/ssno given its capital injection/reduced debt/drill projects.very much a spec but worth a look.high risk,dyor research at dept,risk/reward?iv taken a small stake based on low share price/drill projects.one for the traders?cheers pago

msgoldenhair
28-01-2010, 09:30 PM
alot of volume today...good pick pago

msgoldenhair
10-02-2010, 02:35 PM
more interesting action today with good volume

pago
10-02-2010, 04:56 PM
more interesting action today with good volume

it seems the market likes the comments of oil and gas shows being recorded.ssn has potential.ssno good leverage,up 87% today,but if the dow sinks tonight?
www.samsonoilandgas.com.au
cheers pago

pago
10-02-2010, 08:40 PM
it seems the market likes the comments of oil and gas shows being recorded.ssn has potential.ssno good leverage,up 87% today,but if the dow sinks tonight?
www.samsonoilandgas.com.au
cheers pago

update ,ssno closed 125% up ,slow stoch at76,volume traded up 5 times on high days,
hold or sell?i will make my call tomorrow,cheers pago

COLIN
10-02-2010, 11:00 PM
update ,ssno closed 125% up ,slow stoch at76,volume traded up 5 times on high days,
hold or sell?i will make my call tomorrow,cheers pago

One of my more successful energy splurges. A joy to behold, on a day that promised much for the market, in general, but in the end delivered very little.

I feel it would take a lot to dislodge the strong buying interest, at the close.

drillfix
10-02-2010, 11:05 PM
hold or sell?i will make my call tomorrow,cheers pago

gee pago, what hard decisions to make hey, A: Take a Profit, or B: Take a Profit

Sheez, life if hard hey ;) :p

stone small green
11-02-2010, 07:39 AM
Dow was down overnight by0.2%
but SSN on the us market was up 32%

so we know it will fly today...

SSG

COLIN
11-02-2010, 09:12 AM
Dow was down overnight by0.2%
but SSN on the us market was up 32%

so we know it will fly today...

SSG

SSN ended up 43% at NY close, a few minutes ago, but how much of that reflected what had already happened on the ASX yesterday?

msgoldenhair
11-02-2010, 04:11 PM
holding steady...will be interesting to see how the close goes and whether we see a burst of activity

msgoldenhair
12-02-2010, 04:08 PM
seeing a burst of activity now....i havent been active in the market for a while but this one has got my eye...watching with interest

pago
15-02-2010, 10:23 PM
seeing a burst of activity now....i havent been active in the market for a while but this one has got my eye...watching with interest

hi,another good ann from ssn,gene1-22h will be a producer,no one knows how good.?all the comments are pure speculation,traders and hype,but still moving upside,cheers pago

pago
19-04-2010, 07:39 PM
ssn ,dyor,imho worth a look,pago

JBmurc
21-04-2010, 12:34 PM
ssn ,dyor,imho worth a look,pago

Yeah I agree pago SSN looks very nice have a 770k order for the SSNO opts 2012ex 1.5c
17 BCFe reserve
Nat Gas a very out of favour sector even more reason to buy

STX SSN my two energy plays both have huge upside

pago
21-04-2010, 07:53 PM
hi jb,good call on the options,undervalued on the heads.next well is gary in a few weeks,and many after that.gene well result was the turnup,cheers pago

JBmurc
27-04-2010, 07:24 PM
SAMSON OIL & GAS ADVISES ON NIOBRARA FORMATION PROJECT
Denver 1800 hours April 25th, 2010
Samson Oil & Gas Limited (ASX: SSN, NYSE AMEX: SSN) provides advice on the Niobrara
Formation project in the Denver-Julesburg Basin, Wyoming.
Samson holds a considerable acreage position (40,800 net acres) in Goshen County in
southeastern Wyoming, where it has been pursuing the development of the Upper Cretaceous
Niobrara Formation as an oil productive horizon. The evaluation of this acreage began in 2006,
when the London Flats well was drilled as a horizontal completion. The well was not economically
successful, but a recent review of the engineering of the well by Samson indicated that, as drilled,
the well design had several shortcomings. In light of the development of horizontal completions in
the Bakken Formation, Samson has determined that it would be appropriate to re-enter that well
and fracture stimulate the Niobrara in order to determine its productive capacity. This would then
be followed by a new well, which would be completed in line with the most recent technical
developments that have been successful in the Bakken Formation.
Activities by other companies, approximately 15 miles to the south on the border of Platte and
Goshen Counties have raised the profile of this prospective formation. Evidence of increased
competitor activity and successful completions are abundant, which Samson believes are largely
responsible for the keen interest that the industry is showing in its Niobrara Formation project.
Over the last several months, Samson has been engaged in discussions with various industry
partners with a view toward sharing a portion of the exploration expense of the project via a
farmout. These discussions have resulted in an offer to purchase a portion of Samsons interest at
a substantial premium over Samson's original purchase price for the acreage. While Samson has
not made any final determination to sell a portion of its interest at this time, such a sale could
provide additional working capital that would then be available to drill several new wells, to pay
down debt or for other purposes. It is, however, Samsons intent to retain a significant interest in
the project in any event.
The Niobrara Formation is seen by some commentators in the industry as having characteristics
similar to the Bakken Formation, but the Niobrara Formation has not yet had the completion
technology that has been developed recently in the Bakken Formation applied to it.
The Upper Cretaceous Niobrara Formation in southeast Wyoming consists of cyclical layers of
calcareous chalk, shale, and marl. Industry experts have suggested that the Niobrara has most if
not all of the characteristics for a significant unconventional oil discovery. Those characteristics
are:
1) A high total organic content
2) Thermal maturity in the oil window,
3) A capability to be fracture stimulated (brittle rock) and/or the presence of natural
fractures, even though there is moderate clay content,
4) A high net thickness,
5) Good boundary seals, and
6) Hydrocarbon saturated.
Samsons Ordinary Shares are traded on the Australian Securities Exchange under the symbol
"SSN". Samson's American Depository Shares (ADSs) are traded on the New York Stock
Exchange AMEX under the symbol "SSN". Each ADS represents 20 fully paid Ordinary Shares of
Samson. Samson has a total of 1,295 million ordinary shares issued and outstanding, which would
be the equivalent of 64.7 million ADSs. Accordingly, based on the NYSE AMEX closing price of
US$0.79 per ADS on April 23rd 2010 the company has a market capitalization of approximately
US$ 51.1 million. Correspondingly, based on the ASX closing price of A$0.039 on April 23rd, 2010,
the company has a market capitalization of A$50.5 million.
For and on behalf of the board of
SAMSON OIL & GAS LIMITED

pago
30-05-2010, 07:22 PM
hi ,is anyone watching the progress with ssn? we have a spp at 3.4c closing on 10/6/10 which will likely cap the share price until then.on the upside two reasons to watch closely,1 the gary well was spudded on 24/5/10,18 days to drill.if gary is a hit like the gene well?2 ssn has one third of its niobrara stake up for sale expected to close maybe 14/6/10.there is strong interest and prices for this stake?i know the markets are in turmoil but im considering averaging up.obamas suspension of offshore drilling in the gulf for 6 months may move the focus onshore?cheers pago

COLIN
04-06-2010, 02:33 PM
hi ,is anyone watching the progress with ssn? we have a spp at 3.4c closing on 10/6/10 which will likely cap the share price until then.on the upside two reasons to watch closely,1 the gary well was spudded on 24/5/10,18 days to drill.if gary is a hit like the gene well?2 ssn has one third of its niobrara stake up for sale expected to close maybe 14/6/10.there is strong interest and prices for this stake?i know the markets are in turmoil but im considering averaging up.obamas suspension of offshore drilling in the gulf for 6 months may move the focus onshore?cheers pago
I got back into the options earlier this week, Pago. I agree with your assessment re switching focus to onshore drilling. Also, I keep coming across references to the great potential of the "Bakken".

Looking good today.

COLIN
04-06-2010, 08:21 PM
A strong finish, with plenty of unsatisfied buyers.

bermuda
04-06-2010, 09:57 PM
I think VPE has a small piece of this action. lol. Had it up for sale but no one bit. Good news.

JBmurc
07-06-2010, 05:05 PM
SAMSON OIL & GAS PROVIDES PROGRESS REPORT ON GARY #1-24H WELL
Denver 1700 hours June 6th, 2010
Gary #1-24H (37% working interest)
Samson Oil & Gas Limited (ASX: SSN, NYSE AMEX: SSN) advises that the Gary #1-24H well has
been drilled to a measured depth of 11,645 feet and the 7 inch intermediate casing string has been
run and cemented.
The well track has been drilled as designed and at this depth the well is horizontal and has
intersected the Middle Bakken Formation slightly high to prognosis.
The Middle Bakken when intersected, returned hydrocarbon shows which are consistent or slightly
better than the Gene #1-20H well.
As at 0600 hours CST the rig was preparing to begin drilling the 5,700 foot horizontal section which
will be cased utilizing external casing packers, prior to it being fracture stimulated.
Samsons Ordinary Shares are traded on the Australian Securities Exchange under the symbol
"SSN". Samson's American Depository Shares (ADSs) are traded on the New York Stock
Exchange AMEX under the symbol "SSN". Each ADS represents 20 fully paid Ordinary Shares of
Samson. Samson has a total of 1,439 million ordinary shares issued and outstanding, which would
be the equivalent of 71.9 million ADSs. Accordingly, based on the NYSE AMEX closing price of
US$0.59 per ADS on June 4th 2010 the company has a current market capitalization of
approximately US$42.5 million. Correspondingly, based on the ASX closing price of A$0.037 on
June 4th, 2010, the company has a current market capitalization of A$53.2 million.
For and on behalf of the board of
SAMSON OIL & GAS LIMITED

JBmurc
28-06-2010, 08:57 AM
SAMSON OIL & GAS AGREES TO SELL PART OF GOSHEN COUNTY PROJECT
Denver 1700 hours June 24th, 2010, Perth 0800 hours June 25th 2010
Samson Oil & Gas Limited (ASX: SSN: NYSE AMEX: SSN) has entered into a binding agreement
with a large US-based independent natural gas and oil producer to sell 24,166 acres of its 40,240
acre holdings in Goshen County, Wyoming, for a cash purchase price presently expected to be
between US$ 61 million and US$ 79 million (pre tax).
Samsons Goshen County holdings were acquired several years ago, reflecting the Companys
view that the Niobrara Formation represented an oil play that could be developed using horizontal
drilling techniques. These techniques and the ability to sequentially fracture stimulate this type of
rock in the Williston Basin have rapidly improved over the last two years. As a result of the
industrys recognition of the additional resources available by application of the improved
technology, Samson expects to see a rapid development of the Niobrara Formation as these
techniques are applied to this rock. There have already been some early successes by competitors
which have confirmed this potential and raised the profile of the oil play.
As previously advised, Samson has been actively seeking an industry partner for the Goshen
County Project. Samsons Board of Directors recognized that full development of the Project
would require more capital than was then available to the Company so that a partial sale of its
holdings would be prudent to realize the maximum value from the Project. In order to establish the
market value of this acreage, the Company invited industry participants to review the acreage and
submit a sealed competitive bid. This competitive bid process helped Samsons Board of Directors
confirm the fairness of the price and other terms ultimately accepted.
The agreement calls for the sale of Samsons entire working interest in the southern portion of the
Companys holdings in Goshen County, though Samson will retain an average 4.8% royalty
interest in the leases that are sold. Samson will also retain all of its remaining interests located in
the northern part of the existing Project, or approximately 16,300 net acres. Samson presently
intends to drill and develop this retained acreage without further material dilution of its holdings,
although future developments could alter those plans.
The closing of the transaction, which is tentatively scheduled for July 26th, 2010 is conditional on
the satisfactory conclusion of the buyers due diligence. The final purchase price will depend on a
number of factors, including two important conditions, the failure of which may materially reduce
the consideration paid. First, Samson is in the process of forming an Exploratory Unit in order to
protect some of its existing leases that might otherwise expire later this year. While this process is
largely complete, if the Unit is not in place by closing date of the sale, then the purchase price may
be reduced. Samson expects that the Unit will be in place by the closing date, though there can be
no assurance since it requires the approval of various state authorities.

COLIN
28-06-2010, 02:12 PM
The market certainly showed its appreciation of that announcement on Friday, JB. Glad I'm still holding my options.

COLIN
30-06-2010, 02:05 PM
One bright light, amid the encircling gloom. Options up 8% today, with strong buying interest remaining.

COLIN
01-07-2010, 02:59 PM
I'm having a wonderful conversation with myself here. Options up 40% today. I'm sure there are others of you, out there, who are also appreciating this beam of light, in the midst of all the general darkness.

It must come to an end, soon, but buying strength seems as strong as ever, at the moment.

JBmurc
01-07-2010, 03:07 PM
I'm having a wonderful conversation with myself here. Options up 40% today. I'm sure there are others of you, out there, who are also appreciating this beam of light, in the midst of all the general darkness.

It must come to an end, soon, but buying strength seems as strong as ever, at the moment.

Nan another SSNO holder here go you good thing paid 2.1c was going buy another 12k worth at 2.5 but nobody wanted my
STX at .21(which are now at .235) add in the fact I had no time to hang round an wait for a buyer I pulled the STX sell within 30mins

soulman
01-07-2010, 05:03 PM
I'm having a wonderful conversation with myself here. Options up 40% today. I'm sure there are others of you, out there, who are also appreciating this beam of light, in the midst of all the general darkness.

It must come to an end, soon, but buying strength seems as strong as ever, at the moment.

Sorry Colin. I bought some SSNO on Mon for 2.3 after Fri announcement. I thought the announcement was very good. That's the key to get me buying and also the volume of course. Even JB posted the announcement here.

Then bought more option at 2.8 yesterday, right at the close. It was either the options or heads. I had bids for the heads at 4.3 but it never got through so I could've got both yesterday. The reason was simply because it looks like SSN was going to break out. Gut feeling play a big part. I didn't think it was going to be this big though. I put an order in last night for both lot of option at 3.3 (not sure why I chose the same price for both lots but thems the break) and feel cheated when SSNO hit 4 cents intraday. Coincidently, SSNO also opened at 3.3. All good still.

pago
01-07-2010, 07:29 PM
I'm having a wonderful conversation with myself here. Options up 40% today. I'm sure there are others of you, out there, who are also appreciating this beam of light, in the midst of all the general darkness.

It must come to an end, soon, but buying strength seems as strong as ever, at the moment.

hi guys,nice to watch this play out.still a lot of upside in ssn but i guess the share price will be discounted until 26/7/10 and ssn actually receive the cash from the niobrara sale.multiple potential upside if the markets dont collapse?cheers pago

msgoldenhair
01-07-2010, 11:41 PM
yep i am still in and appreciating the beam of light! I have ops but they have time so I will be holding for a while I suspect. Good luck to all holders.

bermuda
02-07-2010, 01:28 AM
Good to see Sampson going strongly. Denish Rakich is the Company Secretary and he is also the Company Secretary of VPE. VPE hold about 7.5 million SSN shares.

crooky
02-07-2010, 07:50 PM
Didn't know VPE held SSN shares , was watching SSN 's run up and quite pleased we have a stake thru VPE , cheers for that bermuda.

JBmurc
12-07-2010, 09:16 PM
Glad to have brought another lot of SSNO the other day 3.4c me av 2.8c got a real good feeling SSN will do very well soon hope other holders haven't sold out I'm waiting till it's north of 10c before even thinking of selling

JBmurc
13-07-2010, 07:34 AM
SSN up 7% in the US overnight

Presentation yesterday-http://hotcopper.com.au/announcementFiles/2010/SSN/d3520a85-0448-4511-947a-d17990213643-SSN497178.pdf


Equity market recognition

Share price appreciation 1.5 cents to 5 cents in 6 months •
Closure of Niobrara transaction expected 9 cents • (or 8.5c ssno)
Full scale development expected A$1 (90c+ ssno)

COLIN
13-07-2010, 09:49 AM
SSN up 7% in the US overnight

Presentation yesterday-http://hotcopper.com.au/announcementFiles/2010/SSN/d3520a85-0448-4511-947a-d17990213643-SSN497178.pdf


Equity market recognition

Share price appreciation 1.5 cents to 5 cents in 6 months •
Closure of Niobrara transaction expected 9 cents • (or 8.5c ssno)
Full scale development expected A$1 (90c+ ssno)

I'm certainly still in there, JB, and doubt if I'll be tempted to take another short-term profit, this time round (took a 50% gain last time). That presentation was most encouraging. All the potential for a multi-bagger here.

JBmurc
13-07-2010, 10:19 AM
I'm certainly still in there, JB, and doubt if I'll be tempted to take another short-term profit, this time round (took a 50% gain last time). That presentation was most encouraging. All the potential for a multi-bagger here.

yeah looks real good hope some other here get on board before it goes like IRN 25c-1.26 or in SSN case 5c -60c in the short term
hope I can get to a mill ssno before the sale goes through an the opts fly up 200%

JBmurc
13-07-2010, 11:56 AM
SSNO up 8.5% SSN up 4.1% loving it ...should be a great couple weeks in SSN history


update--- make that 17% up

COLIN
13-07-2010, 01:42 PM
SSNO up 8.5% SSN up 4.1% loving it ...should be a great couple weeks in SSN history


update--- make that 17% up

Make that 23% now. And still the buyers come.

JBmurc
13-07-2010, 05:18 PM
great finish with many more days till sale is finalised talk of a 9c-12c SSN price on a good sale say 70mill USD

depth says it all for the SSNO opts 2012 DEC 1.5c ex

soulman
13-07-2010, 06:15 PM
Well done JB and Colin. The presentation was very good. I don't hold anymore but I would assume the SPP participant would be very happy. Did anyone here got in on the SPP?

JBmurc
13-07-2010, 06:27 PM
Well done JB and Colin. The presentation was very good. I don't hold anymore but I would assume the SPP participant would be very happy. Did anyone here got in on the SPP?

I've only held the opts of late so no SPP for me couldn't be bothered exeing my opts for heads to participant I'm sure many were stoked they did

JBmurc
14-07-2010, 07:46 AM
SSN up 11% on the AMEX looks to follow the ASX moves yet the yanks aren't as bullish(ASX- 5.8 AMEX 5.6)-interesting day today on the ASX might see the SP pullback an reset for the next 20% surge later in the week or yet another lead for the yanks to follow

JBmurc
14-07-2010, 06:02 PM
SSN up 11% on the AMEX looks to follow the ASX moves yet the yanks aren't as bullish(ASX- 5.8 AMEX 5.6)-interesting day today on the ASX might see the SP pullback an reset for the next 20% surge later in the week or yet another lead for the yanks to follow

Or it could have another bullish move under the buying pressure of investors wanting to get on board SSN up 12% SSNO up 13.6%
Going be very hard not to sell a few if they gain the same tomorrow Day traders will for sure sell off a few on friday

bermuda
14-07-2010, 07:17 PM
Good to see Sampson going strongly. Denish Rakich is the Company Secretary and he is also the Company Secretary of VPE. VPE hold about 7.5 million SSN shares.
SSN goes to 9 cents if the Goshen sale is confirmed and executed. Nice to know that VPE has a slice of this.

JBmurc
14-07-2010, 08:37 PM
SSN goes to 9 cents if the Goshen sale is confirmed and executed. Nice to know that VPE has a slice of this.

Too bad VPE don't have 75mill shares in SSN I see VPE have moved up abit of late still away to go to make a new 6 month high

SSN-9c now that will be nice 7.5c-8c SSNO price 10-14 days away could have brought truckloads in the low 2c only 3 weeks ago 200%-300% return most likely......................

msgoldenhair
15-07-2010, 12:57 AM
Wow...what an interesting week....and the US ADRs looking strong atm so will set the tone for more up tomorrow!

JBmurc
15-07-2010, 09:41 AM
Wow...what an interesting week....and the US ADRs looking strong atm so will set the tone for more up tomorrow!

YEah but no where as good as the ASX remember the SSN:AMEX(closed at 1.03) are equal to 20 -SSN:ASX so after currency exchange rates the US ADRs are worth 1.17AUD*20=5.8c

so the yanks value SSN at 5.85c ASX close 6.5c I'm not really to worried this time next month I'd be surprised if we'll not over 10c

COLIN
16-07-2010, 10:26 PM
YEah but no where as good as the ASX remember the SSN:AMEX(closed at 1.03) are equal to 20 -SSN:ASX so after currency exchange rates the US ADRs are worth 1.17AUD*20=5.8c

so the yanks value SSN at 5.85c ASX close 6.5c I'm not really to worried this time next month I'd be surprised if we'll not over 10c

The way this continues to rocket along, your prediction could well be correct! Buyers still continue to heavily outweigh the sellers, for both the heads and the options.

JBmurc
17-07-2010, 08:50 AM
Yeah not as many day traders as I thought were involved after SSN:AMEX sold down 9% thurs night I was glad to have sold half my SSNO at 5c thinking the day traders would take week profits yesterday watched them dip to 4.7 very small vol then within mins the surge of buyers push back to trade most of the start of the day at 5c decided my chances of buying cheap where long gone so left me order in line at 5c I see they closed on the days high of 5.3c got my fill so will see what next week brings I'm picking a trade halt next week with more details on land sale ......

JBmurc
19-07-2010, 10:25 AM
INVESTOR sentiment may be turning in favour of junior explorers' ventures in North America.
JUNIOR Australian explorers looking for oil and gas in the US now number at least a couple of dozen.

But, until now, the results have often been less than spectacular and consequently investor interest has remained low. The work has frequently involved resuscitating old or abandoned fields and sometimes required complex technology as well.

However, it seems that investor sentiment may be turning.

Over the past month we have noted some very heavy trading in Samson Oil & Gas (SSN). On Tuesday in our online capacity, we reported Hartley's analyst Dave Wall explaining the deal, which will see SSN acquire a large chunk of cash for part of its US acreage, money which will enable the junior to explore its remaining ground.
This, says Wall, is located in the Niobrara Shale, which has produced oil for decades but is now one of the hottest US plays due to horizontal drilling and fracture stimulation.

Well, SSN went up that day by 20.8 per cent and, in volume, was the second highest traded stock. Even more shares changed hands the following day

COLIN
19-07-2010, 11:02 PM
INVESTOR sentiment may be turning in favour of junior explorers' ventures in North America.
JUNIOR Australian explorers looking for oil and gas in the US now number at least a couple of dozen.

But, until now, the results have often been less than spectacular and consequently investor interest has remained low. The work has frequently involved resuscitating old or abandoned fields and sometimes required complex technology as well.

However, it seems that investor sentiment may be turning.

Over the past month we have noted some very heavy trading in Samson Oil & Gas (SSN). On Tuesday in our online capacity, we reported Hartley's analyst Dave Wall explaining the deal, which will see SSN acquire a large chunk of cash for part of its US acreage, money which will enable the junior to explore its remaining ground.
This, says Wall, is located in the Niobrara Shale, which has produced oil for decades but is now one of the hottest US plays due to horizontal drilling and fracture stimulation.

Well, SSN went up that day by 20.8 per cent and, in volume, was the second highest traded stock. Even more shares changed hands the following day


Held up well today, in the face of poor market sentiment in general.

Incidentally, what was the source of your quote, JB? The Bakken certainly seems to be one of the major "where its ats" in the US these days, if I am to believe the endless bulletins from Energy & Capital ( www.angelnexus.com ) which tell me so.

JBmurc
20-07-2010, 07:32 AM
Held up well today, in the face of poor market sentiment in general.

Incidentally, what was the source of your quote, JB? The Bakken certainly seems to be one of the major "where its ats" in the US these days, if I am to believe the endless bulletins from Energy & Capital ( www.angelnexus.com ) which tell me so.

got it from "The Australian" news paper online
I see SSN was up 7% on the AMEX should be a good day on the ASX today 7c could well be hit IMHO
best thng with SSN is all the upside #1 being the land deal which could bring in 100mill AUD 3c min to the SP + the ongoing Bakken drills -Gary-Rodney-Earl ea one worth min 1c to the SP
IMHO 10c min high for SSNO
Holding 750,000 ssno (brought another 250k yesterday 5.2c)

JBmurc
20-07-2010, 02:44 PM
SSN has hit 7c today sold some of my SSNO at 5.8c still holding 500k longer term maybe sell another 200k at 12c

slam
20-07-2010, 03:14 PM
Hi All
Can anyone tell me what ssno convert at and when?
Alternativly
A place to fint out?
tia
Slam

JBmurc
20-07-2010, 03:53 PM
SSNO ex DEC 2012 for a cost of 1.5c

msgoldenhair
20-07-2010, 04:48 PM
Hi JBMurc, Ive been holding SSNO from 1.1 and still have my original parcel. Have been thinking I should sell some pre annoucement just in case the deal is delayed. Just wondering what you think the chances are that the deal will go through on time. Thanks in advance mgh

JBmurc
20-07-2010, 05:44 PM
Hi JBMurc, Ive been holding SSNO from 1.1 and still have my original parcel. Have been thinking I should sell some pre annoucement just in case the deal is delayed. Just wondering what you think the chances are that the deal will go through on time. Thanks in advance mgh

Well IMHO I'm real confindent it will but there is no harm selling a few at 5.8c like I did today just in case it doesn't go to plan

msgoldenhair
20-07-2010, 10:46 PM
thanks for the comment JBmurc...will have to sleep on it now....US is looking strong tonight so perhaps more up tomorrow?

JBmurc
21-07-2010, 07:22 AM
SSN up to 1.23 in the US works out to be 7c for the SSN:ASX an as the ASX has shown to lead the SP 7.3-7.4 high not out of the Quenstion today opts 6c likely

COLIN
22-07-2010, 08:26 PM
A bit of consolidation now taking place as it pauses for a breather. With the imbalance between buying and selling interest showing signs of waning, I decided to further lighten my involvement and sold down 50% of my options (SSNO) at 5.9c. Considering I had bought these for only 2.1c I consider that a 180% gain over the space of a few short weeks is nothing to be sneezed at.

JBmurc
22-07-2010, 08:44 PM
A bit of consolidation now taking place as it pauses for a breather. With the imbalance between buying and selling interest showing signs of waning, I decided to further lighten my involvement and sold down 50% of my options (SSNO) at 5.9c. Considering I had bought these for only 2.1c I consider that a 180% gain over the space of a few short weeks is nothing to be sneezed at.

Fair enough paid the same also sold some at 5.8c put the funds into SVL well worth a watch still confindent SSNO could be my first 10bagger

COLIN
26-07-2010, 10:54 PM
Well, it didn't waste much time for a breather before resuming its ascent. And buying interest - at least for the heads - still outstrips sellers, by a long chalk. Its a while since I've experienced these sorts of gains, I must admit.

JBmurc
27-07-2010, 06:54 AM
If we get a good annoucement on the land sale SSN will blow the doors off the recent gains 20%min 10c my short term target 15c not out of the question later this year

slam
27-07-2010, 11:31 AM
Why such a sell down on just a delay? or have i missed something?
Slam

JBmurc
27-07-2010, 12:36 PM
Why such a sell down on just a delay? or have i missed something?
Slam

Land sale delay --Nothing major --buyer will pay a 10mill deposit on the 5th--good buying IMHO


SAMSON OIL & GAS ADVISORY ON THE D-J BASIN TRANSACTION
Denver 1800 hours July 26th, 2010, Perth 0800 hours, July 27th, 2010
Samson Oil & Gas Limited (ASX: SSN, NYSE AMEX: SSN) advises that the closing of its June 24th
agreement to sell 24,166 acres in Goshen County, Wyoming, for a cash purchase price of between
$61 million and $79 million has been delayed by the effects of the extraordinary increase in leasing
activity in Goshen County. In order to give the purchaser an opportunity to review the land title
records in Goshen County, to which access is currently being limited by the County because of a
flood of requests, the parties have agreed that the buyer will deposit $10 million with Samson on
August 5th, with the balance of the cash due on a final closing date of September 5th.

COLIN
27-07-2010, 01:14 PM
The reason for the delay seems totally understandable and is in no way any cause for concern as I see it. The area the company is operating in is certainly a hotbed of activity, and it is obvious that the public facilities have been swamped. The market's over-reaction is quite irrational, but that's the market - it doesn't react kindly to delays of any sort, no matter how justifiable.

For those who are convinced that this enterprise still has great potential rewards ahead, today's pullback must present an attractive buying opportunity.

JBmurc
07-08-2010, 09:34 AM
SAMSON OIL & GAS ADVISES ON RODNEY #1-14H WELL AND
GOSHEN COUNTY TRANSACTION
Denver 1700 hours August 4th, 2010 - Perth 0800 hours August 5, 2010
Rodney #1-14H (27% working interest)
Samson Oil & Gas Limited (ASX: SSN, NYSE AMEX: SSN) advises that the Rodney #1-14H well
has completed the vertical and the curve portions of the well, such that the well has landed
horizontally in the middle member of the Mississippian Bakken Formation at a total vertical depth of
11,288 feet on August 4th. Very good oil and gas shows were recorded upon drilling into the
middle member of the Bakken Formation. Casing will now be run into the hole, and after the
cementing of the casing, the horizontal portion of the well will be drilled for another 5,500 feet
within the middle member of the Bakken Formation.
The Rodney #1-14H well is located in Township 154N, Range 99W, Section 14 in Williams County,
North Dakota. This is Samsons fourth Bakken well in the North Stockyard Field. Based on the
previous wells drilled, Samson expects the Rodney #1-14H to take approximately 17 days to drill.
Goshen County Transaction
As previously advised, Samson expects to receive $10 million as a good faith deposit on the
transaction this week. Samson will confirm the receipt of cleared funds into its bank account of
this deposit on Monday August 9th. While the receipt of this deposit will not alter the conditions
required for the closing of the transaction, all indications at this time suggest that those conditions
will be satisfied and the final closing of the cash sale will occur on or about September 6, 2010, at
the originally contemplated aggregate purchase price of between US$61 million and US$79 million.
As previously disclosed, the most important conditions affecting the purchase price relate to the
protection or extension of existing leases that would otherwise expire later this year, as to which
Samson has made significant progress since the June 23 agreement. The purchase agreement
also provides that if Samson is unable to deliver marketable title to twenty percent (20%) of the
contracted properties other than the expiring leases, then the purchaser has the right, but not the
obligation, to cancel the purchase transaction entirely. Samson believes that it has marketable title
to all or substantially all of the properties that are the subject of the agreement and also believes
that, in any event, the buyer will close on all acreage with marketable title.

trackers
23-08-2010, 01:27 PM
Surprised at the lack of interest in SSN. With several fields in Production, a market cap of $100mil and recent sales in some of their acreage for $65mil (to be finalised. Also includes royalties) these guys are looking incredibly cheap in my eyes...

Debt $11mil Cash $16mil (I assume this includes the $10mil deposit from land sale).

Announcement out today is interesting: http://www.stocknessmonster.com/news-item?S=SSN&E=ASX&N=502453

bermuda
23-08-2010, 03:51 PM
Surprised at the lack of interest in SSN. With several fields in Production, a market cap of $100mil and recent sales in some of their acreage for $65mil (to be finalised. Also includes royalties) these guys are looking incredibly cheap in my eyes...

Debt $11mil Cash $16mil (I assume this includes the $10mil deposit from land sale).

Announcement out today is interesting: http://www.stocknessmonster.com/news-item?S=SSN&E=ASX&N=502453

Trackers

There presentaion was a bit all over the place but the valuations looked good. But what are we dealing with. The ASX shows them having 1.6 million shares on issue. And the preso doesnt really make this clear. Grateful any clarification.

percy
23-08-2010, 04:29 PM
Trackers

There presentaion was a bit all over the place but the valuations looked good. But what are we dealing with. The ASX shows them having 1.6 million shares on issue. And the preso doesnt really make this clear. Grateful any clarification.

1,663,573,450 shares on issue.ASX missing a couple or three naughties,which makes all the difference.

bermuda
23-08-2010, 05:00 PM
1,663,573,450 shares on issue.ASX missing a couple or three naughties,which makes all the difference.

Percy,
Sorry,
meant to say 1.6 billion. What I wanted clarified was whether SSN had shares issued in Australia and AMex. Am still a bit confused but it appears that if I buy 20 ASX shares I get 1 ADS. Which seems to me to be good value.

trackers
23-08-2010, 06:13 PM
Percy,
Sorry,
meant to say 1.6 billion. What I wanted clarified was whether SSN had shares issued in Australia and AMex. Am still a bit confused but it appears that if I buy 20 ASX shares I get 1 ADS. Which seems to me to be good value.


Hey Super B, yeah thats the way I understand it... Both ASX and ADS are drawing out of the same pool

bermuda
23-08-2010, 06:37 PM
SSN goes to 9 cents if the Goshen sale is confirmed and executed. Nice to know that VPE has a slice of this.

Trackers/Percy/JB

I think the market is starting to realise just how good this is. Only hold through VPE. Good luck is coming to you.

JBmurc
30-08-2010, 11:32 AM
SAMSON OIL & GAS ADVISORY ON GOSHEN COUNTY SALE TRANSACTION
and NORTH STOCKYARD OPERATIONS
Denver 1800 hours August 29th, 2010, Perth 0800 hours, August 30th, 2010
Goshen County Sale Transaction
Samson Oil & Gas Limited (ASX: SSN, NYSE AMEX: SSN) has been advised by the Buyer of its Denver-Julesburg Basin acreage interests in Goshen County, Wyoming, that the Buyer has completed its due diligence on the contracted for properties. The Buyer reports that, because the title defects identified are minor, it intends to proceed with a closing of the transaction on Tuesday, September 7th, the day following Labor Day, a bank holiday in the U.S. While the final settlement amount has yet to be agreed upon, based on its most recent discussions with representatives of the Buyer, Samson believes that its previous guidance on the transaction with respect to the range of funds to be received by Samson at closing remains accurate. Further advice concerning the final amount paid to Samson will be announced when the parties agree upon a final reconciliation at or before closing.
North Stockyard Operations
Fracture stimulation operations commenced today on the Gary #1-24H (37% working interest) and the first of twenty stages has been pumped. The stimulation will be a slick water frac fluid with a plan to place 150,000 lb of proppant per stage.
The Earl #1-13H (31.7% working interest) is the next well in the Nabors Rig 668 sequence, and is expected to spud September 10th.
The frac of the Rodney #1-14H (27% working interest) is currently planned for October.
Samsons Ordinary Shares are traded on the Australian Securities Exchange under the symbol "SSN". Samson's American Depository Shares (ADSs) are traded on the New York Stock Exchange AMEX under the symbol "SSN". Each ADS represents 20 fully paid Ordinary Shares of Samson. Samson has a total of 1,663 million ordinary shares issued and outstanding, which would be the equivalent of 83.15 million ADSs. Accordingly, based on the NYSE AMEX closing price of US$1.21 per ADS on August 27th, 2010 the company has a current market capitalization of approximately US$100.6 million. Correspondingly, based on the ASX closing price of A$0.067 on August 27th, 2010, the company has a current market capitalization of A$111.4 million.
For and on behalf of the board of SAMSON OIL & GAS LIMITED

JBmurc
05-09-2010, 04:50 PM
Well looking forward to this week SSN should open high 7's going off AMEX close so 10% a start for the week--
the balance of the cash due on a final closing date of September 7th from the Goshen County Sale 60-70 mill
Fracture of Gary around the 13 sept, then earl will spud! following that Rodney fracture.
Then drilling of the Diamondback prospect in Jefferson County, Texas in late October

so my SP predictions MON high 7's late this week high 8's late this year 15-17c on drilling success maybe more as managerment have the class an soon cash with no debt a huge drilling upside on prime US land 50c+ next year not at all out of the Question

disc-holding a truckload SSNO 2.1c first purchase

JBmurc
08-09-2010, 10:20 AM
Closure of Goshen County Sale Transaction
Samson Oil & Gas Limited (ASX: SSN, NYSE AMEX: SSN) advises that it has closed on the first sale of 19,451 acres of its Denver-Julesberg Basin acreage interests in Goshen County, Wyoming, for US$63.7 million in cash, which amount includes the US$10 million deposit previously received by Samson from the Buyer. A second closing is scheduled for the week beginning September 20th. At the second closing, Samson will sell, at the same price per acre, 1,920 acres associated with approved drilling permits, valued at US$6.288 million.


SSN a 100mill market value OIL&GAS producer-has been paid $69.4mill AUD with another 6.7millAUD in a couple weeks what a deal

So SSN will be debt free 50mill+ in the bank nice amount ot go shopping for exta production AMU has some for sale

Macleod
09-09-2010, 07:41 PM
JBmurc,

Thanks for your input here, I have enjoyed reading your enthusiastic comments on SSN.

I believe you missed off the tail end of the announcement. This continues on exactly from the end of your post:

"In addition, Samson expects that a further approved drilling permit will be accepted by the Buyer before the second closing so that another 1,339 acres, valued at US$4.385 million, will also be included. Samson also continues to work on resolving the title defects identified by the Buyer relating to the remaining 1,056 acres subject to the purchase agreement, but it is uncertain at this time as to how many of those defects can be cured prior to the second closing."

Maybe you just considered this unimportant, but for the purposes of making sure anyone who reads this thread is fully informed I felt compelled to post. ; )

JBmurc
16-09-2010, 01:51 PM
-yeah allgood Mac from my understanding SSN looks likely to reap in some 73mill USD or round 80mill AUD

-Now going off the current Market value of only 113mill AUD -SSN has really been sold down for little reason than shareholders wanting to take some profits of the table on the recent large growth.

-Going forward SSN looks a real no brainer to me has the cash(no cap gain tax to pay on the 73mill till later next year) has the prime land to drill which with the mass of cash will be full steam ahead....looking forward to see many wells get drilled over the next few years an in the short time see SSN become a major Jnr Oil&cash producer with large cashflows driving growth

pago
16-09-2010, 05:24 PM
hi jb
i dont see the weakness in ssn as a sell off
im holding
my perception is the cash moves from one company to another if the market sees another opportunity
today ,its ctp
next week, ssn,cheers pago

JBmurc
17-09-2010, 09:09 AM
the goshen land deal closed on the 8th the SSN high was on the 7th = 8c SSN 6.8c SSNO (they now have round 4-4.5c in cash per share nil debt
the total sale price was higher than many expected -Traders sold on fact believing SP priced in the sale price an the big gain were in? --I also think there is much more SP growth to come
10c IMHO is bottom of my target price before the years out --
Latest presentation sums it up pretty well
SSN current 2p reserves -17.9 BCFe
Hawk Springs fully developed= 799mill USD round 50c value to SSN.asx
Immediate oil production growth from the Bakken
Expected rate of 2,000 BOPD
Net SSN 30%
5 potential wells
Well cost exceeds $6 million
Gross EUR 750,000 barrels
Near term oil production from the Niobrara
Acquire 3D seismic
Carry through two horizontals
Fracture stimulate using external casing packers
Confirm concept
Expected rate of 1,000 BOPD
Well cost around $3 million
Gross EUR 413,000 barrel

last market prices SSN-6.7c SSNO-5.4c overnight Amex-SSN 1.30(equals to 6.5c US or 6.9c AUD at current interbank rates)

Nat gas just over $4 Oil-$74.50

COLIN
17-09-2010, 11:16 AM
JB: I decided to pull out my SSNO at 5.4 yesterday, as it became obvious that there were not enough buyers to cope with the weight of sellers. Made a good tidy profit (for the second time) but I could well be back in once the selling pressure abates.

JBmurc
17-09-2010, 11:31 AM
JB: I decided to pull out my SSNO at 5.4 yesterday, as it became obvious that there were not enough buyers to cope with the weight of sellers. Made a good tidy profit (for the second time) but I could well be back in once the selling pressure abates.

yeah fair enough personal thinking about buying some more but already got truckloads of SSNO

JBmurc
22-09-2010, 09:03 AM
-not confirmed by either party yet but the boys at HC have done the work an it looks 90% likely


Chesapeake Energy Corporation=Mrktcap- 14bill Cash 2bill+

During the 2010 first half, Chesapeake continued the industry's most active drilling program, drilling 687 gross operated wells (440 net wells with an average working interest of 64%) and participating in another 562 gross wells operated by other companies (73 net wells with an average working interest of 13%). The company's drilling success rate was 99% for both company-operated wells and non-operated wells

SSN have a royalty on the land think it was 4.8%

my SSNO might pay are house of before the 5yr fixed term loan is done

trackers
22-09-2010, 03:14 PM
Trading halt pending news on Goshen transaction... I was under the impression that the important bits were already out in the open?

JBmurc
24-09-2010, 11:11 AM
SAMSON OIL & GAS ADVISES ON GOSHEN COUNTY TRANSACTION
Denver 1800 hours September 23rd, 2010, Perth 0800 hours, September 24th, 2010
Samson Oil & Gas Limited (ASX: SSN, NYSE AMEX: SSN) advises that it has closed an additional
portion of its previously announced Goshen County transaction, confirming that an additional
US$6.3 million was received this week in consideration for delivery of drilling permits for three
State leases.
Samson presently expects to close the final portion of the sales transaction during the week of
September 27th. Samson anticipates receiving net consideration of at least US$ 2.2 million at that
closing and considers it likely that it will receive another US$ 1.9 million as a result of curing
various title defects. Thus, the total transaction to date can be summarized as follows:
Cash received to date US$ 70.0 million
Most likely cash to be received the week of September 27th US$ 4.1 million
Most likely total consideration US$ 74.1 million
Under the sale and purchase contract that Samson entered into on June 24th with the buyer,
Chesapeake Energy Corporation, Chesapeake acquired 100% of Samsons working interest in the
subject leases but Samson has retained a royalty averaging 3.8% across those leases. While
Samson therefore holds an indirect financial interest in the future development of the leases,
Samson has no control over the pace or scope of that development. The royalty rate has changed
from that previously announced because during the course of this transaction several top leases,
and lease extensions have been purchased or entered into and the underlying royalty rates have
modified the Samson retained royalty.
Samson has also retained 17,000 net acres immediately to the north of the leases that have been
sold and intends to pursue the appraisal and development of that area. To this end it has engaged
a seismic acquisition company to acquire a 65.5 square mile 3-D seismic survey, which will image
this acreage block. Permitting for this seismic survey has commenced and it is expected that the
acquisition will commence mid-late October. The survey has several objectives. Firstly, it will help
Samson to identify the brittle portions of the Niobrara Formation that are more conducive to natural
fracturing as well as the location and orientation of the natural fractures. Secondly, the 3-D seismic
data will help image two conventional targets, the J Sand and the Codell Formation which have
proven to be productive in the area.
The 3-D seismic data is expected to be available for interpretation in the first quarter of 2011 and
the plan is to drill two initial appraisal wells utilizing horizontal multi-stage fracture stimulation
methods proven successful in the Bakken Formation in North Dakota. If these wells perform
adequately then the project would move to a full field development

JBmurc
24-09-2010, 11:15 AM
"Samson has retained a royalty averaging 3.8% across those leases".
Is down 1% but not a major problem can't wait to see CHK drill the hell out of the leases not going be a problem with 2bill in cash an their own drilling rigs ready to go
SSN like CFE etc is a no-brainer

Chesapeake Energy Corporation (Chesapeake) is a producer of natural gas in the United States. It owns interests in approximately 44,100 producing natural gas and oil wells that are producing approximately 2.4 billion cubic feet equivalent (bcfe), per day, 93% of which is natural gas. The Company is focused on discovering, acquiring and developing conventional and unconventional natural gas reserves onshore in the United States. It also has operations in the Granite Wash Plays of western Oklahoma and the Texas Panhandle regions, and in the Mid-Continent, Appalachian Basin, Permian Basin, Delaware Basin, South Texas, Texas Gulf Coast and Ark-La-Tex regions of the United States.

JBmurc
02-10-2010, 10:41 AM
Drilling coming soon? Companies move oil rigs into county

Posted: Friday, Oct 1st, 2010
By Adam Louis

Oil rigs may be up and running sooner than you think.

Wyoming Oil and Gas Conservation Commission Supervisor Tom Doll said Chesapeake Energy is scheduled to drill in at least one location today as per their mineral leases, and three more locations must start by October 13 or the leases will expire.

While Chesapeake has been moving drilling equipment into the area, it is currently unknown if any wells are complete, Doll said.

Everything is encouraging because as these first wells get completed, that will kind of tell us how the play will develop, he added. And those are good things to know.

Chesapeake had three permits in Goshen County according to WOGCC records, and the company has acquired all of the working interest in the county previously held by Samson Oil and Gas as of late June, which would consist of three additional permits

JBmurc
12-10-2010, 03:33 PM
SAMSON OIL & GAS OPERATIONAL ADVISORY
Denver 1700 hours October 11th, 2010, Perth 0700 hours October 12th, 2010
NORTH STOCKYARD OILFIELD
Earl #1-13H (32% working interest)
Samson Oil & Gas Limited (ASX: SSN, NYSE AMEX: SSN) advises that the Earl #1-13H well in
Williams County, North Dakota, recorded strong oil and gas shows when it landed in the middle
member of the Mississippian Bakken Formation, at a total vertical depth of 11,310 feet, on October
11th. Casing will now be run into the hole and cemented. The horizontal portion of the well will
then be drilled for approximately another 5,500 feet within the middle member of the Bakken
Formation. This horizontal production hole will be then cased and fracture stimulated.
The Earl #1-13H well is located in Township 154N, Range 99W, Section 13 in Williams County,
North Dakota. The Earl #1-13H well is Samsons fifth Bakken well in the North Stockyard Field.
Based on the previous wells drilled by the operator, the Earl #1-13H, which spudded on September
28, is expected to take approximately 17 days to drill.
Rodney #1-14H (27% working interest)
Samson has been advised that the fracture stimulation of the Rodney #1-14H is tentatively
scheduled to begin on November 5th.
Gary #1-24H (37% working interest)
The Gary #1-24H has been on production without artificial lift since September 23rd and has
averaged 955 bopd and 1,777 Mscfd of gas over a 17 day period. Cumulative production for this
well is 16,300 barrels of oil which has shown an improvement over the Gene well which produced
11,700 barrels of oil in the same period.
HAWKS SPRINGS PROJECT
North Platte 3-D Seismic Survey, Goshen County, WY
Approximately 90% of the land within Samsons 66 square mile Hawk Springs project in Goshen
County, Wyoming, has been permitted for its proprietary 3-D seismic survey. The source and
receiver points will be surveyed shortly, such that acquisition can commence by the end of
October. The 3-D seismic survey will help Samson identify zones of fracturing in the Niobrara
Formation and detect potential conventional prospects in the Cretaceous Codell, Dakota, J, and
Permian Lyons sandstones.

JBmurc
19-10-2010, 12:59 PM
Denver 1700 hours October 18th, 2010, Perth 0700 hours, October 19th, 2010
Samson Oil & Gas Limited (ASX: SSN, NYSE AMEX: SSN) advises that the Earl #1-13H reached a total depth of 17,342 feet (measured depth) early on October 18th having drilled a 5,742 foot lateral out of the seven inch casing shoe which had previously been set at 11,600 feet (measured depth). The horizontal section was drilled whilst observing the customary oil and gas shows.
The well will be conditioned in preparation for running a 4 inch liner which will be configured to fracture stimulate 20 stages.

yogi-in-oz
14-11-2010, 08:11 PM
SSN astroanalysis ... updated 12112010:

:)

Hi folks,

SSN ... here’s a look at the astroanalysis for SSN, over the next couple of months.

17-18112010 ... expecting a positive spotlight on SSN

26-29112010 ... minor news expected here

17-24122010 ... 4 time cycles over this period, may bring significant and
positive news, triggered by a lunar aspect, around 22-23122010.

03012011 ... a positive aspect, that may bring some financial news, but
then, SSN starts to go through its next negative cycle phase.

14-17012011 ... expecting a significant and negative spotlight on SSN.

3101- 01022011 ... 2 time cycles may bring significant and negative news here.

15-21022011 ... 4 minor cycles, during this time

25-28022011 ... significant and negative time cycle ... finance-related ... (???)

07-08032011 ... significant and positive news expected here

15-16032011 ... expect a positive spotlight to focus on SSN

23-24032011 ... minor cycle

25-28032011 ... positive cycle may bring a short and sharp upmove.


More later .....

have a great weekend

paul

P.S. ..... VPE also responds to similar astroanalysis, as SSN.

:)

=====





.

JBmurc
04-01-2011, 10:45 AM
yeah looks like SSN is going open up nearly 10% today glad I topped up on the opts the AMEX:SSN have had some major volumes of late confindent 2011 will be an even bigger year for SSN

airedale
04-01-2011, 08:40 PM
Is Samson going to break out?

JBmurc
13-01-2011, 07:01 PM
Well loving the action on SSN of late no news today and we increase 10% in the heads an 13% for us opt holders

Sounds like Chesapeake will have a drill rig on site on SSN royatle land for the next 12months with pipeline surveys also underway (got off HC)
so if CHK do discovery a major oil&gas system what the chance this muti billion dollar company will just buy SSN (they did pay SSN 70mill for half of the lease + royality)


Enercom came out with a report regarding SSN company overview and developments and put a Share price range between $3.49 - $10.58 ADRs(18c to 53c ASX)

JBmurc
14-01-2011, 07:24 AM
BOOM BOOM SSN up at 1.89 on the AMEX looks like SSN asx will head towards 10c today 40%+ growth in couple weeks thanks very much me opts will fly today

msgoldenhair
19-01-2011, 10:15 AM
AMEX closed at 2.27 so we should see another strong day for Samson. I see a group called Seeking Alpha is positive on them as well

http://seekingalpha.com/article/246864-samson-oil-gas-currently-undervalued-even-in-most-pessimistic-scenario?source=msn

msgoldenhair
19-01-2011, 04:37 PM
what a lovely day for SSN and is holding onto its gains well

msgoldenhair
20-01-2011, 11:31 AM
Better post the negative article that followed the positive one shown above to be objective

http://seekingalpha.com/article/247235-what-s-behind-samson-s-spike

JBmurc
26-01-2011, 08:33 PM
DENVER & PERTH, Australia--(BUSINESS WIRE)-- Samson Oil & Gas Limited (ASX:SSN.ax - News)(NYSE AMEX: SSN) advises that it has entered into a three-party participation agreement with Halliburton Energy Services, Inc. and its existing private company partner for the evaluation and development of the Niobrara Formation and other conventional targets in the northern Denver-Julesburg Basin for part of Samsons Hawk Springs Project in Goshen County, Wyoming.



Under the agreement, Samson and its partner will be free carried through the drilling and completion of two wells with approximate 4,500 laterals and will be reimbursed for a portion of the cost of the North Platte 3-D seismic survey. Halliburton will acquire 25% equity in the farm-in area (a net 2,819 acres). The transaction has been structured such that the acquisition cost can be valued at a rate of $3,275 per acre. Halliburton retains the option to not drill the second farm-in well; in which event its 25% equity would be reduced to half the project area. (a net 1,410 acres)



The Halliburton farm-in area consists of a gross area of 11,277 acres, including 6,589 net acres currently held by Samson. Assuming completion of both farm-in wells, Samsons acreage inside the Halliburton farm-in area will be reduced to 4,942 net acres, and Samsons total holdings in the Hawk Springs Project will be reduced to 14,883 net acres, versus the approximately 16,530 net acres currently held.



Following the completion of the earn in program Samson will retain a weighted average royalty of 3% within the farm in area.



Samson will remain operator of the farmed-in acreage, however as part of the Agreement, Halliburton will be providing project management services, as well as regular oil field services, in support of the drilling, completion and fracture stimulation of the wells. The Agreement also includes a provision requiring that the service rates charged by Halliburton are market based.



Samson believes that the Agreement delivers a number of significant benefits to Samson:



1) Partnering with a premier service provider in unconventional reservoirs.



2) Validation of the acreage value established in the Chesapeake transaction.



3) Retention of operator status and, with its private company partner, majority control of the Joint Technical Team that will
govern the strategic direction of the project after Halliburtons farm-in wells have been finished.



As previously reported, the North Platte 3-D seismic data is being processed and the first-pass processing products have been delivered and the conventional plays are being mapped. The data quality is excellent and therefore the fracture identification processing is expected to be definitive. These more sophisticated processing products will be delivered in the coming weeks. It is Samsons intention to commence the drilling campaign at the end of the first quarter, however this timing is subject to permitting, drilling equipment availability, and the interpretation of the processed data.



Samsons Ordinary Shares are traded on the Australian Securities Exchange under the symbol "SSN". Samson's American Depository Shares (ADSs) are traded on the New York Stock Exchange AMEX under the symbol "SSN". Each ADS represents 20 fully paid Ordinary Shares of Samson. Samson has a total of 1,996 million ordinary shares issued and outstanding (including 326 thousand options exercisable at AUD 1.5 cents), which would be the equivalent of 99.8 million ADSs. Accordingly, based on the NYSE AMEX closing price of US$1.99 per ADS on January 25th, 2010 the company has a current market capitalization of approximately US$193 million. Correspondingly, based on the ASX closing price of A$0.10 on January 25th, 2010, the company has a current market capitalization of A$194 million. The options have been valued at their closing price of A$0.085 on January 25th, 2010 and translated to US$ at the current exchange of 0.99 for the purposes of inclusion in the US$ market capitalization calculation.



For and on behalf of the board of
SAMSON OIL & GAS LIMITED




TERRY BARR
Managing Director

JBmurc
27-01-2011, 06:55 AM
Well looking good for us Samson holders yet again today up 16% on the amex going be a ripper of a year IMHO with contracts with two of the biggest in the business a major plus for the jnr...

should well see 11.5c today

JBmurc
27-01-2011, 09:32 PM
SAMSON OIL & GAS LTD
Halliburton Deal Re-Rates Hawk Springs Niobrara Shale
Samson Oil and Gas Limited has announced a
strategic partnership with Halliburton Energy Services Inc at its
Hawk Springs project in Wyoming USA. Under the deal, Halliburton will drill and
complete (including fracture stimulation) two wells (one optional) into the
Niobrara Shale formation in order to obtain 2,819 acres. The wells are
scheduled for spud in Q2 2011.
The look-through value of the transaction, US$3,275 per acre, is equivalent to
the sale price achieved from Chesapeake in June 2010. Samson will also be
reimbursed for a portion of the recently completed 3D seismic over the acreage
and will retain 14,883 net acres as well as operational control. As with the
Chesapeake transaction, Samson will also retain a 3% royalty interest over the
Halliburton acres.
Strategic Significance Cannot Be Understated
Halliburton is a premier service provider for exploitation of nonconventional
reservoirs, like the Niobrara Shale. It will provide project management, drilling,
completion and fracture stimulation services to the Hawk Springs Joint Venture.
Given the current shortage of supply for these services in the USA, this means
that a full field development at Hawk Springs is unlikely to be subject to the kind
of delays experienced by most junior companies in regards to fracture
stimulation of wells.
We understand that Halliburton is providing services to other operators in the
Niobrara Shale, including to Chesapeake on the acres sold to it by Samson,
immediately adjacent to Hawk Springs. Whilst the results from most of these
wells remain confidential, each well adds valuable knowledge that will be applied
against the wells at Hawk Springs. We also interpret that Halliburton is more
likely to persevere in the case of any operational difficulties as it is no longer
?just a contractor? but now has skin in the game. In our opinion, this increases
the chance of commercial success and de-risks the project.
Recent Results Suggest Commerciality of the Niobrara
There are now results from >25 wells into the Niobrara in the public domain, with
average initial production of >600 barrels of oil per day. Given the lower drilling
and completion costs (US$4.5m) as compared to other liquids rich shale plays
(Eagle Ford/ Bakken ~US$7m), this is highly economic. Noble Energy has
estimated that it has >2,000 barrels of recoverable oil per acre in its Niobrara
portfolio (unrisked). This implies potential for >30 million barrels recoverable for
SSN, which could be worth US$450-US$600m (22-30cps at spot FX).
Chesapeake has estimated 5,600 barrels per acre is possible, which would
imply a valuation of up to US$1.6b or 82cps for SSN.
Implications for Valuation ? Price Target Increased to 18cps
Our estimation of the potential value of Samson?s Hawk Springs acreage is
A$700m plus another A$50-60m in royalties. We had previously discounted this
valuation by 66%; however, the Halliburton deal plus additional well results have
de-risked the project. We have reduced our discount from 66% to 50%, which
increases our valuation from 18cps to 24cps. Our price target is now 18cps.
Samson has delivered on its stated strategy of partnering with an industry expert
and retaining its large cash balance of >US$70m. We expect significant share
price appreciation in the lead up to the drilling at Hawk Springs as well as
fracture stimulation at several wells at the Company?s Bakken Shale acres. We
continue to rate Samson as a Buy.

JBmurc
31-01-2011, 02:46 PM
Qtr report --http://www.asx.com.au/asxpdf/20110131/pdf/41wgxxvxl06t87.pdf

Great buying in the opts exerise price 1.5c yet the heads are 2-2.4c difference at 11c to the opts 8.6-9c also don't expire to DEC 2012

Oiler
31-01-2011, 05:52 PM
Have any of you Samson followers heard anything about SSN using "Petro Frac" technology? There is a gas fraccing technology emerging and that SSN are trialling or about to trial.

I dont hold any SSN stock but very interested to hear if anyone has any details.

bermuda
31-01-2011, 07:13 PM
Have any of you Samson followers heard anything about SSN using "Petro Frac" technology? There is a gas fraccing technology emerging and that SSN are trialling or about to trial.

I dont hold any SSN stock but very interested to hear if anyone has any details.

Oiler, SSN do hydraulic fraccing and as per their quarterly securing sufficient water is a concern. Petro fraccing ( see Google ) uses petro solvents which dissolve the oil in situ and is proving to be very successful. I spoke to Terry at that Sydney conference. He was talking plus 70 odd cents for SSN.

See you Saturday!