You are so right re BCC and the directors fees are ???? where as ITC operates on a shoe string , no ramping in fact the opposite. And if you want share's pay for them at market. Mind you I see one director buying small lots of BCC on market.?? Dunno how he acquired the othe mills he has.
As for a DST with Snatcher 3 why bother, operator has few sucess's for whatever the reason and if they did they would want to put a choke of 10mm on 3 to restrict the flow. So no DST: But and if we lucky confirmation of same water contact and pressure with a large upgrade to Snatcher Field in 2010 and maybe a 500bopd on pump in February. Thats my guess at best. 247
ITC Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
