I started off with Jayhawk about 2007 about the time they bought this property and touted the future benefits, but the action never seemed to get off the ground.
I personally believe that they were going into play this Nat Gas property in the hopes of a future US energy policy shift that never seemed to materialize. But then again, Nat gas was up to around 14.00 then.
Nat Gas seems dead now and I believe that you are right also. This company has struggled with cash and I hope that this deal doesn't get there hats handed to them.
Better to cut your loses and move then slowly bleed to death too.
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