RE:Positive newsIt's always nice to put some pressure on the shorts. The big VOTE is holding this back but once this clears then the sky's will be a lot clearer.
45,000 boepd plus a 5th well to be drilled ???............................... totally out of this world results when you think of it ............................................. the nay sayers are going to pay for all this good news.
I agree that the Stella team was well aware of all the oil in the field and made the call to increase the size of the equipment on the FPF-1.
It's all good but you just have to let this play out. All this buying as the stock has been ratcheting down will soon pay off.
This field could easily be putting 20,000 plus boepd into Ithaca's jeans when they finally prime the pumps........................................ add to that another 15,000 boepd from our other fields and before you know it (Bob's your uncle) this company will be ROCK'in.
Stay put and keep your hands off the sell button .................... we got a big fish on the line!!!!!
Just wait until they increase the reserves at the Stella field ........ more PURE GRAVY to the bottom line.
I sure am glad I bought ferrets and Vinnys shares on the SP ratchet down ........................... mind you it was only 100 shares between the two of them.
GLTA