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Re: ~ Blue ~ post# 5761

Tuesday, 10/02/2012 9:38:48 PM

Tuesday, October 02, 2012 9:38:48 PM

Post# of 30327
SDX.V undervalued oil company DD with links

1) O/S shares 376 million

Insiders hold 8% of shares

Recently insiders purchased millions of shares

http://www.canadianinsider.com/node/7?menu_tickersearch=SDX+|+Sea+Dragon+Energy+

Institutional investors hold 20% of shares

2) Current production 1,225 barrels a day, CEO confirmed production increased 17% from previous year.

3) No net debt

4) 17 million barrels oil reserve

5) Partner with Danagas (billions of dollars oil and gas company)

Danagas website http://www.danagas.com/en

6) CEO Said Arrata is one of the board members of Danagas

7) Cash on hand 7.5 million dollars, 50 million dollars line of credit.

9) Book value 24 cents share price 6 cents

10) The company is planing merger or acquisition


Research report out: strong buy recommendation

http://moneytalks.net/pdfs/MM26SepFinal.pdf

New presentation from the company Sept, 2012

http://www.seadragonenergy.com/uploads/Presentations/CorporatePresentation.pdf

The company website
http://www.seadragonenergy.com/

Ihub board link

http://investorshub.advfn.com/Sea-Dragon-Energy-Inc-TSX-SDX-20234/

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