Has had 2 takeover offers. If you own, just sit and wait for the deal to come through.
The merger will create an oil weighted junior and a dividend paying company so that is positive. An excellent company and the street will learn to love them. Likes this name. Very reasonable upside. Has been rumored as a take-over candidate.
Owned for a while. The demand for yield is highly significant in terms of how people operate. Chart says management has been under promising and over delivering for some time. Can grow by 60% next year. Thinks they can pay a dividend next year. Expects 6-7%. If not, their asset will be extremely attractive to be taken out.
In the small cap space, this one really stands out in terms of low geological risks. Stands out for him as a top decile production growth story.
Spartan Oil Corp is a OTC stock, trading under the symbol STO-T on the (). It is usually referred to as or STO-T
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In the last year, there was no coverage of Spartan Oil Corp published on Stockchase.
On , Spartan Oil Corp (STO-T) stock closed at a price of $.
(A Top Pick March 29/12. Up 43.77%.)