Replies to post #4147 on Bluefire Renewables, Inc. (fka BFRE)

[spec machine]

economically positive business

there's the catch and reason why no Bluefire plant has ever been financed

and why none ever will be

the "arkenol process" works .... but costs more than other proven technologies

the fatal flaw

Heck, even the DOE finally figured they were throwing money down a rat hole. They waste BILLIONS every year without batting an eyelash but they booted BFRE off the gravy train. LOL, That's a really bad omen.

spec

[PARADOX]

More power to you if you believe in the company, but I have a much different outlook here. When this was trading over .20 ~3 years ago, people marched to the same beat. Since then, the float has increased, and the share price has depreciated significantly. All this has going for it is hope that things will line up for the company. Hopium.

Also fwiw, crude futures are trading around $50, so I don't see how that brightens the outlook here.