'my2cows' pid='56792' datel Wrote:
'Thylacine-2' pid='56790' datel Wrote:My guess is that IOC is being selective about who in the "Market" they want to explain the true situation too.That last conference call they let a large cat out of the bag. 10+tcf at Elk/Antelope, 17tcf in 5 other fields alone. and 35tcf in the remaining "targets".
This is the only cash rich Natural Gas company that's sitting on acerage that probably holds over 50tcf. When the market wants to invest in NG/Oil again, IOC's has got to be top on their list.
IMO, IOC has been "scared to death" of being taken over for a good while. That's the primary reason for very little news out. Now, they decide (mgt) to let the cat out of the bag at 17 tcf and 30 more formations....in other words, if you want to buy out IOC, get your wallet out or don't bother. This company has high odds of going into play this year and may very soon, but if the certification is anywhere near expectations, watch out. Doesn't mean IOC gets bot out, but does go into play . imo, a more realistic valuation lies ahead, this year is gonna be fun....wait and see.....trans