Reserves Going UpNow if we can only get the Poo going in the same direction!!!! Ithaca is doing all the right moves with what it can control. We have about 4 months before we have to sell our oil at the market price so let's get oil up in that $55.00 range.
Nice move with the reserve increase. I think the market wants to get on the band wagon with the Ithaca story but the Poo is raining on it's parade. Soon the media will make their positive pitch with oil just as they always do. For now they are in the doom and gloom camp. When the shorters start to cover then up we go.