Replies to post #43369 on China Growth Stocks

[runncoach]

v80alue (feec)
I agree its speculation until reserves are certified, that's why I said that "regardless of what happens to the share price today". I don't blame folks for waiting until certification. Those that follow this stock and have talked with management, seen all the presentations, realize how big CBM is in other parts of the world and understand how important it will be to the Chinese are confident in placing bets at current prices and cheaper if it plays out that way. While dilution is likely at some point, there are options with their JV depending on how that plays out as well as other interested parties that could minimize dilution. This isn't an earnings play. It's a play on the vast resources that FEEC owns in their blocks and those resources are just now being tapped and drilled into. Multiplying current daily production by today's price per the contract isn't even close to the potential as they've barely started their drilling program. The DD on FEEC is out there for each to judge on their own. Either way I have a large position and alot of patience. GLTA and JMHO