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Re: gene_genome post# 12498

Monday, 05/14/2012 2:08:07 PM

Monday, May 14, 2012 2:08:07 PM

Post# of 29204
I sure feel like I've been swimming in a dark pool and it isn't oil. Headlines like Gas drillers wrangle over NY limitations; opponents argue for more limits or ban on fracking makes me feel like I'm sinking rather than just treading water with a Capstone around my neck. I still believe in the company, like their product, but need to see more orders coming in that will convince me that I can at least make it back to shore after wading a long way out with this company.

Still hoping The Capt'n will make that trip to Chatsworth and provide us with a review of his findings.

As an aside...Henry Hub natural gas prices have retraced back to $2.43 from a low of $1.90 set on April 19th. Most "experts" predict that Henry Hub will have to hit 5 bucks again to make drilling attractive. In the meantime we wait and hope as this particular quarter seems longer than most.



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