GAINSDAY, this video has been around for a while, and does favor the ARKENOL (Bluefire) process for producing ethanol from cellulosic raw materials. I don't have any question as to the validity of this process, and believe it is superior to those processes based on enzymes( instead of concentrated strong acid used in the Bluefire/ARKENOL process), that are still struggling with the economics of their cellulosic ethanol plants.
The issue now is how Bluefire will now achieve the remaining financing to begin constructing their planned plant in Fulton, MS. I understand they are still talking with other sources, now that the DOE has reneged on their promise to complete their original grant offer. It may now require merging or selling to a larger energy provider, if no bank loan in either China or the USA is available.
Any positive news from such a source should cause quite a surge in buying BFRE, and this is where we should be concentrating our attention! Such news during a time when oil, gasoline and ethanol prices are rising, should add extra interest in investing in Bluefire!
