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Re: SimplyTheFacts post# 421

Friday, 04/15/2011 10:31:54 PM

Friday, April 15, 2011 10:31:54 PM

Post# of 555
This is just my opinion but I really believe unrestricted shares will be sold, ands I was hoping they could be sold into strength with a news release as opposed to the weakness we have witnessed recently. However, I was encouraged by big blocks being picked up by UBS, RBC, and First Energy Capital (involved in lastest financing - I believe that's the name, again I'm on my BB so I have to go from memory, no multi browser screen :( ) I suppose that someone had to sell in big blocks tho. Speaking to that article...it is the only reason I haven't completely written off the tech yet, I was encouraged by the comment on scalability and the comments albania and lack refining capabilities which led me to believe on the viability of the albania project. I'm honestly hoping they put it the backburner because their JV partner didn't want to pay for the required improvements to the power distrabution or generation upgrades and sonoro didn't want to burn the precious cash that was alotted for Iraq which will long term have the better payout. The differences in the two presentations are few, they eluded to another JV or provincial agreement (I would be concerned about being spread too thin in this instance) the comment on the well which apparently is overpressured which I assume is better than under pressured. And a general road map for the next 6 months...supply agreement, drilling contracting, actual drilling and some seismic mapping. Unfortunately, it looks like we will have to wait for quarterlies where we got our last update on the fly ash project, albania and I'm hoping this time something from shell. I'm hoping they release it thursday (MD&A) and supply contract easter monday. (Or maybe albania will rise easter monday lol) Thanks for the discussion guys! Happy weekend and go canucks!!
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