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GordonGekko1982

08/30/06 8:22 AM

#2495 RE: train #2491

Train, that is exactly what I meant: although 1BCfg from Buck Snag may take longer to get at, they can list the entirety as an asset (thereby adding to book value) since in essence what the value represents is the rights of capture for the gas. A company or individual could buy those rights, and not the gas itself, the exploratory assets already proven.