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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (169318)7/13/2009 12:06:11 AM
From: heinz44  Respond to of 313012
 
that GAP
have lots....against my better judgement, one good? thing my avg price is around here now .175c
need some positive news now



To: Cogito Ergo Sum who wrote (169318)7/13/2009 12:20:38 AM
From: Canuck Dave  Respond to of 313012
 
Hey KC, you're a renaissance kind of guy. I'm kind of drunk tonight, but here's a couple of quotes for you that have been rattling around my mind.

On the markets;

"The highway is for gamblers, better use your sense,

Take what you have gathered from coincidence.
- BD

And more generally (Used in a production of Shakespeare in the park of Twelfth Night);

"Wooden ships on the water, very free.

The way it's supposed to be,

Very free,

And easy."
- CSN

CD



To: Cogito Ergo Sum who wrote (169318)7/16/2009 7:11:39 AM
From: MoneyPenny  Respond to of 313012
 
Ithaca: I own it as well (also NPE and AOS). Here's a blurb from the Venture exchange. MP

ITHACA ENERGY INC. (IACAF
("IAE")
BULLETIN TYPE: Property-Asset or Share Disposition Agreement
BULLETIN DATE: July 15, 2009
TSX Venture Tier 1 Company

We wish to advise that the TSX Venture Exchange (the "Exchange") approves the sale of an additional 15.15% portion of the Company's interest in certain oil and gas licenses in the North Sea on the United Kingdom's Continental Shelf. The properties include an additional interest in the Athena oil accumulation, an additional 15.15% interest in the Beatrice oilfield, an additional 15.15% interest in the Jacky oil discovery and an additional 10.10% interest in the Stella gas/condensate accumulation. These options were originally granted pursuant to the Sale and Purchase Agreement between the Company and Dyas UK Limited (the "Purchaser") dated October 30, 2008. In addition, the Company has agreed to sell to the Purchaser a further 19.19% interest in the Athena oil accumulation, an additional 9.6% interest in the Beatrice oilfield, and additional 6.16% interest in the Jacky oil discovery, and additional 4.77% interest in the Stella gas/condensate accumulation and an additional 7.84% in the Carna license.

Total consideration is US$92.6 million to be satisfied as follows: (a) US$61.2 termination of outstanding loan and release of security; and (b) payment to the Company of US$31.4 million.

TSX-X