RE:RE:RE:RE:RE:RE:don't want to interrupt anything but...Hi ferret, I am sticking with my Oct 7/16 prediction: "If it can blow through $1.55 there is a vacuum up to about $2.25 which it could cover in a short period of time (by next spring?) under the right circumstances: Stella coming online flawlessly, production exceeding forecasts, one or two strategic purchases, continued debt reduction, possibly a reserve estimate upgrade and Brent exceeding $60 on a sustained basis - am I asking too much?"
I believethere is still the possibility that we will achieve all the lofty expectations named above by Spring and see $2.25 tested. Nevertheless I agree with you that there is lots of static in the $1.80-$2 range which will be difficult and frustrating to sit through without taking some money off the table.