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Re: Bobwins post# 9118

Thursday, 06/02/2011 7:01:32 AM

Thursday, June 02, 2011 7:01:32 AM

Post# of 17739
Bobwins, Saratoga Resources (SROE.PK) -- great to see the stock price holding up over $5. This is significant since the latest warrants are exercisable at that price.

Word is that they are doing another quick little PP as we speak, if you are interested you ought to call Tom Cooke there and tell him I sent you.

It will be interesting to see how quickly they can get production up now that they have 2 workover rigs going in the field. Maybe they will decide to hold off doing a bond offering until the fall if they think they will be able to jack up production a lot by that point.

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