$2 is no far , page-29

Hi Dazed, good post. I share your concerns on the money burn. For me the most important aspect of LNC in the next few months, is to have the oil increases continue, as that is where the income curently is. Any disappointments there could be a black swan event. The sub salt drilling yet to occur needs to be successful to convince the public they know what they are doing with oil. A bad result here without good results from the Umiat core could really question their abilities of their gulf ops. All the other stuff in the wings needs in my opinion not be relied upon until something a lot more positive occurs, and the timing cannot be factored in reliably. Like most things, it always takes longer.

For tomorrow on the upside....1.77 top of the down arrow on Wednesday, that would be a good start, then 1.815 gap.
The weekly, as you point out, a very nice bit of tail forming. The fib action revolves around 1.73 and 2.02, that figure again.