Value Microcaps Motherboard

[southacresdave]

R59...NG price...under $6 is a given. The real question is when does it go under $5 in 2007? There is becoming a strong possibility of it ending the winter with over 800 Bcf over the 5 year average. The 5 yr average bottom in storage is usually reached on March 31 at 1041Bcf. Last year it bottomed at 1695Bcf. We are on pace to be above that number (currently 8%+ above last years surplus).

January indicators show mild temperatures reigning throughout the U.S.---comparable to December. El Nino came on stronger than Accuweather thought (I give credit to the U.S. National Weather forecast that did predict a strong El Nino).

Before long, winter will be past and any chance of a prolonged cold spell disappeared. Then, unless a major hurricane hits the gas producing area of the Gulf, the maximum capacity of 3700Bcf that everyone was afraid of this last fall will most likely be reached in late 2007 (and remember, we may still have a strong El Nino which diminishes strong hurricanes).

Dave