Strat Petroleum Ltd (SPRL)

[slice8]

dont think you can even compary the two. smxt was simply a shell company with much lower o/s entering into a merger.

Im not saying that sprl cont make a big move, but I think that big move would be back to the penny to 5 cents area.

the selling pressure along the way would be incredible. there are probably 200 million+ shares that would bail along the way. that is a huge dollar amount of new investment dollars going into this company.

I have been in this stock since well before the old private board, when the stock traded at over .20 I have seen and heard it all.

But the news needed to get us back to those levels is almost unthinkable for now.

I target of 5 cents would be more in line with my highest expectations at this point.