Replies to post #1047 on Mainland Resources, Inc.(fka MNLU)

[maybe_this_time]

The recent news out of NY bodes well for gas as key component of our energy future. They approved verticle fracted wells for NYS. I also heard predictions that this will be the low for natural gas prices.

[shaleonyou]

My own estimate :reserves of 1.5tscf PPS $10 2.5 tscf PPS $15.50 based on Nymex Jan contract $4.60/MMBTU + Shallow targets reserves + La reserves = $20 PPS. Remember Mike Newport saying that Buena Vista could be a company maker (billion dollar co.)I think he nailed it right with his prediction.