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Re: JEFFRO1 post# 46456

Thursday, 04/11/2019 10:58:05 AM

Thursday, April 11, 2019 10:58:05 AM

Post# of 49508
Jeffro, They named their partners 3 years ago when they joined with Canacol and ASME. That news had start dates, project completion dates, and automatic take delivery dates. This news has no dates. Rebuilding roads in Columbia is a nightmare. Have you seen the roads? It's a jungle basically. That portion of the project alone will take time. but as long as the Government kicks into high gear it will be golden. They did however state that they wanted to buy 5 million shares of stock "At current levels". The day that article came out "current levels" were .20 cents. To buy 5 mil shares would only cost 1 million. So what they are saying is the government wants in for 1 million. That seems like pennies. a drop in the bucket. The stock shot to .70 that day for only the 3rd time since I have been holding it since 2008. The news was great. It was tiered so you could discuss the layers that STILL need to happen. I really just want to know how many YEARS it actually takes to make an LNG company happen. This is already too many in my mind. However, I know the roads in Columbia. This is a big task. I don't think this is going to happen without a commitment from the government. So maybe we will get that confirmation soon and keep heading in the right direction. The news was very promising in that respect.