Speculation that the rig for the proposed drill has arrived on site is gaining ground here. Has the drilling started? Expect news from SEY very soon.
Some of the Board members are whispered to be heading for the drill site in Kurdistan as we speak. Several of the big wigs were unavailable to take calls yesterday from one of the brokerages. (Are they out of the UK?) The consolidation of the stock combined with a now debt free company may very well force the sp up as the drilling commences. In-house notes here have sey as a short term gainer on news of spud. ****I personally have no faith in this company as it has shafted share-holders more times than i care to remember the recent change at the top may well indicate that management has finally been brought to book lets hope so**** Even though i personally don’t rate this company due to the disgraceful way it has conducted its business over the last 12 months there are gains to be had here.
Good Luck to all who hold.