Jayhawk Energy, Inc. (fka JYHW)

[buckster71]

The problem with the Kansas property was when they were touting the property as a key development, NAT gas was around $14.00 btu/cubic foot. That was back in 2007-2008, but now I don't think Nat gas will see that price without a major currency debasement, because of the new technologies bringing more supply online worldwide.

If the N.D. oil lake is as big as they say it is, then moving on to oil makes sense for a development company and let an establishment develop the NAT gas resource.

I think if the bottom didn't fall out of NAT gas, Jayhawk would have been set up rather well. However, it did and it is probably the smartest move to just sell it and move on.

IMO