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Stock SymbolIthaca Energy Inc. (IAE-T (Dead))
Source of InformationMarket Call (BNN TV)
T.V. Program Date2012-12-28

6000 barrel per day producer out of the UK North Sea. Brent prices are significantly higher than both WTI and Canadian. They will generate excellent cash flows. Put themselves up for sale earlier this year. With no buyers, the stock dropped to about $1.50 and is now inching its way back up. A good hold in the intermediate oil/gas space.

Price (as of program date)$1.990
Implied Signal
$ Goal
ExpertMichael Giordano
T.V. Program TopicRESOURCE
Own or RelationshipUnknown