Re: Hey andy K ( pie)
in response to
by
posted on
Jun 01, 2010 11:24AM
Edit this title from the Fast Facts Section
Hey Realtime,
just on a hunch, the debt thing was a drag, but the properties were full of potential, i bought 50,000 shares.
I have since sold half at .40, even if the stock were to collapse, i made out pretty good.
they have cash in the bank, no debt, and an idea as to where to start exploration activities.
if they partner up, this stock could advance to .75 and i would probably clear out the rest and call it a month.
thanks for the tip. i would not have played or found this one without the pointer.
As for Ithaca, i think we have 2-3 weeks to wait for the Sproule report and hopefully oil is back to the high 70's and we should breach 3 bucks and some.
the longer term look at this stock (12-18 months) is about 5 and change.
an aquisition of say, Antrim or a farm in to their Fyne area would change all the numbers.
to soon to speculate on something like that though.