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Re: gold56 post# 8554

Thursday, 01/20/2011 1:17:29 PM

Thursday, January 20, 2011 1:17:29 PM

Post# of 13650
Why do you keep posting the same news release from 2007? It means absolutely nothing right now and until the price of natural gas even comes close to the levels it was in 2007 the estimates listed on the report are way off. natural gas would have to increase by roughly 1000% just to be at the same price. It would be like saying an appraisal on your house in los angeles before the housing collapse would still be valued the same now. Very wrong and if you based your net worth off of those estimates you should call yourself stupid just like saying that wentworth is worth 500m plus based on old prices... Im long on wentworth but i can promise you that we are at least 5 years away from anything and thats if we can hold on for that long. Until there is an actual demand then we are sitting dead in the water since the us is sitting on the largest natural gas supply in its history.