RE:RE:Stock hits $1.50As JYD writes, this recent rise in TAO's share price may be due to expectations of imminent news. TAO has, for the past 3 years, released its Annual Financial Statements and MD&A for its fiscal year ending on March 31st at the tail end of June...so that is not likely to be what we can expect. But, the start of May (May 7th to be precise) of each of the last 3 years has brought the release of material information: in 2012, it was the release of the Short Form Prospectus for the $10.45/share Bought Deal Financing (Remember those exhilarating days? Yes, Virginia, there was a Santa Claus back in 2012 for TAO shareholders! Although, truth be told, by that date we were already almost a month past TAO's all-time share price peak.); in 2013, May 7th brought the release of an Operations Update on the drilling of the Ngapaeruru-1 well on the East Coast (Remember those days, when all our dreams of East Coast success were playing in our heads in Technicolor?); and in 2014, on May 7th, TAO released its 2015 Drilling Program and Operations Update. So, the market may be anticipating the release of something...anything...again in the early days of this May. In the meantime, and hopefully not in place of some material news update, today we'll have to content ourselves with reading another in the recent series of Alex Guidi's Blog posts (https://www.tagoil.com/historic-downturns-of-wti-crude-oil/) comparing this recent downturn in the price of WTI oil with a couple of other downturns in the past 30 years.