I guess the Crow will have to fly it aloneTo bad we lost a lot of good posters with the recent drop in SP. Don't ever feel bad about taking a profit in this shark fest we all call the stock market. Golong will be back and that will be good news .............. hope he does not miss the buy-out......... ha, ha,ha.
I still see a few longs are still on board so onward we march to first oil from Stella.
I believe Les may be a little more up front than he is getting credit for. He is telling us plenty early that the FPF-1 will now be delivered in late 2014. He did not have to tell us all this info so early but he has. He is also telling us that Beatrice will be handed back to Tailsman in 2015 and that is also info that did not have to come out so early.
As for the options ...................... that's how every company operates.
I'm not losing sight of A1 and A2 as those were blockbuster results .................... how fast some forget?? A3 and A4 will have the players all excited once again and as someone had pointed out on another post, we will have finished drilling A3 and A4 well before the FPF-1 arrives and maybe this would be the time to hammer in one more well before the FPF-1 arrives. After all we have options on this Rig to drill a few more wells in the GSA.
This mood can change very fast with a little bit of news. We have no idea what Les may buy when it comes to production. He is probably as crafty as Golong so we all better look out.
That FPF-1 will be making it's way to the Stella field in a few short months and by then we will be at $4.00. The Crows got the time and the money to wait this out. If I did not have so much Ithaca stock I would be taking as many of these cheap shares off the nervous nellies as I could afford.
There is really no reason to lose any sleep on this play. We have the goods and will be rewarded for the wait.
As the Crow flies .............GLTA and keep the mood positive as it's all good.
Monday we go green!!!!