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Duma Energy Corporation (NASDAQOTCBB:SGCAD)

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TMFStockSpam (27.75)
Submitted April 12, 2010

This stock spam was originally sent to TMFBent:Today’s Barely Legal Stock Pick™ is --------- $SGCA!It’s no denying this mornings $SGCA press release is a major milestone for the company:“the drilling contract [for] the “Koliba” Prospect has been… More


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Member Avatar TMFStockSpam (27.75) Submitted: 4/12/2010 2:09:26 PM : Underperform Start Price: $9.50 NASDAQ OTC:SGCAD Score: +305.43

This stock spam was originally sent to TMFBent:

Today’s Barely Legal Stock Pick™ is --------- $SGCA!

It’s no denying this mornings $SGCA press release is a major milestone for the company:

“the drilling contract [for] the “Koliba” Prospect has been executed with expectations to commence drilling operations this month”

Now that’s language investors will get excited about all month long and it opens up doors for more press releases once drilling operations commence this month.

Strategic American Oil Corporation's (SCGA) South Texas Koliba Prospect Drilling Contract Executed

SCGA's First In-House Drilling Prospect Planned for April 2010

CORPUS CHRISTI, Texas, April 7, 2010 (GLOBE NEWSWIRE) -- Strategic American Oil Corporation (OTCBB:SGCA - News) (the "Company") is pleased to announce that the drilling contract for the Company's Victoria Co., Texas "Koliba" Prospect has been executed with expectations to commence drilling operations this month, depending on favorable weather conditions and rig availability. The Company will retain a 16.33% carried working interest to casing point, 25% working interest after casing point, putting the Company in a low risk/high reward scenario. The combined leased acreage (Koliba-Linville) consists of 143 acres covering an anticipated anticlinal structure (target) with offsetting production. The Company plans to drill a direct offset to the Murphy Baxter, Koliba #1 well which produced from the 5,880 feet (target) zone.

The Koliba Prospect lies in the North McFaddin Field, which, according to Texas Railroad Commission maps and records, hosts 87 productive oil and gas zones. There are numerous key points that make the Koliba Prospect particularly attractive to SGCA including:

Now that you’re sold on my newest Barely Legal Stock Pick™ $SGCA I recommend Honors Students download a copy of the company’s presentation HERE.

All of this new material paints a nice short-term picture for $SGCA that's almost as beautiful as the stock chart:

The Barely Legal Class Bell just rung and its time to decide whether or not you’re finally ready to make the grade.

Happy Trading,

The Dean

*Never invest in a stock mentioned by The Dean unless you can afford to lose your entire investment. For his full disclaimer visit

P.S. I have not been compensated to write about $SGCA and I hold no position in the stock i'm covering this company for the benefit of the Honors Class.


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Score Leader


TMFStockSpam (27.75) Score: +305.43

The Score Leader is the player with the highest score across all their picks in SGCAD.

Member Name Member
Call Time
Score Commentary
TMFStockSpam 27.75 4/9/2010 Underperform NS $9.50 -75.89% +229.54% +305.43 1 Comment

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