Solana Resources Ltd.

SOR-X

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about SOR-X

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
November 14, 2008
(A Top Pick Sept 11/07. Up 3%.) Merging with Gran Tierra (GTE-T). Sold his holdings at a higher profit.
(A Top Pick Sept 11/07. Up 3%.) Merging with Gran Tierra (GTE-T). Sold his holdings at a higher profit.
Josef Schachter
President, Schachter Asset Management
Price
$2.670
Owned
No
HOLD
HOLD
September 25, 2008
In a merger process with Gran Tierra (GTE-T) who is the operator of the main asset of the Costayaco play in Colombia. If you own, tender to the offer. This will allow them to work together in Colombia, Argentina and Peru. Fabulous story.
Solana Resources Ltd. (SOR-X)
September 25, 2008
In a merger process with Gran Tierra (GTE-T) who is the operator of the main asset of the Costayaco play in Colombia. If you own, tender to the offer. This will allow them to work together in Colombia, Argentina and Peru. Fabulous story.
Josef Schachter
President, Schachter Asset Management
Price
$4.050
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
August 26, 2008
(A Top Pick Sept 11/07. Up 160%.) Discovery in Colombia with Gran Tierra (GTE-T). Merging. Costayaco can produce anywhere between 3 and 6 thousand BOE’s a day. Still have to do a lot of drilling. Long-term holding.
(A Top Pick Sept 11/07. Up 160%.) Discovery in Colombia with Gran Tierra (GTE-T). Merging. Costayaco can produce anywhere between 3 and 6 thousand BOE’s a day. Still have to do a lot of drilling. Long-term holding.
Josef Schachter
President, Schachter Asset Management
Price
$4.600
Owned
Yes
COMMENT
COMMENT
July 25, 2008
Costayaco4 tested some very good results and was way thicker than people had thought. Waiting to see the results from this well. They will then drill C5 and C6 later this year. Reasonably valued at the present time. There are cheaper stories available at this point.
Costayaco4 tested some very good results and was way thicker than people had thought. Waiting to see the results from this well. They will then drill C5 and C6 later this year. Reasonably valued at the present time. There are cheaper stories available at this point.
Josef Schachter
President, Schachter Asset Management
Price
$4.430
Owned
No
PAST TOP PICK
PAST TOP PICK
June 5, 2008
(A Top Pick July 20/07. Up 123%.) He has taken some of his profit off the table. Stock is in a Holding pattern now.
(A Top Pick July 20/07. Up 123%.) He has taken some of his profit off the table. Stock is in a Holding pattern now.
Josef Schachter
President, Schachter Asset Management
Price
$4.300
Owned
Unknown
HOLD
HOLD
April 22, 2008
The higher stock price recognizes some good results plus the rise in the commodity price. Colombia is one of the most attractive fiscal regimes in the world. Pretty stable government.
The higher stock price recognizes some good results plus the rise in the commodity price. Colombia is one of the most attractive fiscal regimes in the world. Pretty stable government.
Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$3.700
Owned
Yes
BUY
BUY
April 4, 2008
50% partnership with operator Gran Tierra (GTE-T) in a project in Colombia. Fabulous wells. Have drilled Costayaco2 and are now drilling Costayaco3. There could be 10 wells in this play. He doesn't know how big it is. In his models, he is using 30 million barrels of recoverable oil. Use a 2, 3 year time horizon.
50% partnership with operator Gran Tierra (GTE-T) in a project in Colombia. Fabulous wells. Have drilled Costayaco2 and are now drilling Costayaco3. There could be 10 wells in this play. He doesn't know how big it is. In his models, he is using 30 million barrels of recoverable oil. Use a 2, 3 year time horizon.
Josef Schachter
President, Schachter Asset Management
Price
$3.450
Owned
Yes
HOLD
HOLD
March 7, 2008
Has this under review. Have one rig and are talking about bringing in a second. Will be testing Costayaco 3 and there should be some announcements in the next week or two. Costayaco 1 is producing 3500 BOE's b-day. Costayaco 2 tested over 6600 but they don't have enough take away capacity so they have to build pipelines, which will take until 2009.
Has this under review. Have one rig and are talking about bringing in a second. Will be testing Costayaco 3 and there should be some announcements in the next week or two. Costayaco 1 is producing 3500 BOE's b-day. Costayaco 2 tested over 6600 but they don't have enough take away capacity so they have to build pipelines, which will take until 2009.
Josef Schachter
President, Schachter Asset Management
Price
$2.950
Owned
Yes
BUY
BUY
February 25, 2008
Colombia is one of the hottest areas to invest in oil/gas today. Very attractive fiscal regime. Expect to see more positive drill results going forward.
Colombia is one of the hottest areas to invest in oil/gas today. Very attractive fiscal regime. Expect to see more positive drill results going forward.
Alex Ruus
Portfolio Manager, Arrow Capital Management
Price
$3.000
Owned
Yes
COMMENT
COMMENT
January 24, 2008
Their key play is a fabulous well, Costayaco in Colombia. Half belongs to Gran Tierra (GTRE-Q2). Also bringing in a rig to drill 5 other high impact wells this year. Very close to his $3 target now and he is putting the stock under review until he hears about Costayaco2. If it is as good, he would probably have a $4 target. Prefers Gran Tierra (GTRE-Q2), which is cheaper but is waiting for it to get its TSX listing.
Their key play is a fabulous well, Costayaco in Colombia. Half belongs to Gran Tierra (GTRE-Q2). Also bringing in a rig to drill 5 other high impact wells this year. Very close to his $3 target now and he is putting the stock under review until he hears about Costayaco2. If it is as good, he would probably have a $4 target. Prefers Gran Tierra (GTRE-Q2), which is cheaper but is waiting for it to get its TSX listing.
Josef Schachter
President, Schachter Asset Management
Price
$2.900
Owned
Yes
BUY
BUY
January 2, 2008
Along with Gran Tierra (GTRE-Q2) they are drilling an important well, Costayaco 2. Costayaco #1 came in and is in production and tested over 5000 BOE's and producing nearly 3000. Being trucked but will some day be piped. Will be starting on Costayaco 3. Likes the story and that they have a lot of drilling in front of them.
Along with Gran Tierra (GTRE-Q2) they are drilling an important well, Costayaco 2. Costayaco #1 came in and is in production and tested over 5000 BOE's and producing nearly 3000. Being trucked but will some day be piped. Will be starting on Costayaco 3. Likes the story and that they have a lot of drilling in front of them.
Josef Schachter
President, Schachter Asset Management
Price
$2.280
Owned
Yes
HOLD
HOLD
December 19, 2007
The big story for them is their 50% in Costayaco that is doing 2200 BOE's. Expect this will average 3150 in 2008. Prefers Gran Tierra (GTRE-Q2), the operator of this play.
The big story for them is their 50% in Costayaco that is doing 2200 BOE's. Expect this will average 3150 in 2008. Prefers Gran Tierra (GTRE-Q2), the operator of this play.
Josef Schachter
President, Schachter Asset Management
Price
$2.030
Owned
Yes
TOP PICK
TOP PICK
October 22, 2007
Had a recent run. Believes that it still has a lot of upside.
Had a recent run. Believes that it still has a lot of upside.
Josef Schachter
President, Schachter Asset Management
Price
$2.600
Owned
Yes
TOP PICK
TOP PICK
October 11, 2007
Had very good success on a recent well in which they were partners 50/50. Tested at 5900 barrels a day and can probably produce 2000. Also had another recent success with the figures still to come out. Had a $3 target but will have to raise this again.
Had very good success on a recent well in which they were partners 50/50. Tested at 5900 barrels a day and can probably produce 2000. Also had another recent success with the figures still to come out. Had a $3 target but will have to raise this again.
Josef Schachter
President, Schachter Asset Management
Price
$2.250
Owned
Yes
BUY
BUY
October 9, 2007
Has a nice little move from the base that was built into June. Oil/gas sector has really not gone anywhere. MACD is above both its moving averages and looks like it is trying to give a bit of a Sell signal, but looks like a pretty good story. Stock is being accumulated.
Has a nice little move from the base that was built into June. Oil/gas sector has really not gone anywhere. MACD is above both its moving averages and looks like it is trying to give a bit of a Sell signal, but looks like a pretty good story. Stock is being accumulated.
Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$2.200
Owned
Unknown
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