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Re: dbelmont post# 3736

Monday, 06/20/2011 1:04:36 PM

Monday, June 20, 2011 1:04:36 PM

Post# of 6903
I am amazed you all do not see the potential for them to sell bonds or convertable debt after the current well is producing CH4 and cash (thus proven), to be used to drill a few more wells, in conjuction with a JV partner that expands the pipeline delivery system at their expense, while we watch the price of NG climb for 2-3 years, to get the real potential value of this rare property?

Ambition with out knowledge is like ship in dry dock. Going nowhere fast!

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