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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: HotnSpicy who wrote (108017)	8/29/2008 5:12:33 PM
From: Ed Ajootian	Read Replies (1) \| Respond to of 206085

HotnSpicy, Stratic Energy (SE.V) -- thanks much for your thoughts. Let's see if we get a little lucky and East Breagh comes in big next week. I like Ithaca also and own a small amount of it. I'm just not as familiar with what else they have going on other than getting some of their projects into production, so I don't know of any near-term price catalysts. With Stratic, there are some great, knowledgeable folks posting about them on the IV board for that company, and it makes it easy to keep up. For example, Stratic recently got a confirmed rig slot for late November for their first operated well, which they have a 50% interest in, in their Cairngorn prospect. This prospect is gunning for 18 mmbo gross (P50) but there is a lot more upside to that figure, see their farmout document for Cairngorn at envoi.co.uk . By Christmas, Stratic will have gotten 3 wells to TD (E. Breagh, W. Breagh, and a development well on West Don), have 2 wells drilling, and plus should have filed a development plan on their Longanesi project in Italy (where natty prices are $20/mcf). That's a helluva lotta "stock price catalysts". Not sure what Ithaca is expecting to get done in that sort of time frame, do you know offhand?