Very happy to see that the drilling of ATP813 has been brought forward about 6 months... it made me very bul-lish (pardon the pun) about Blue Energy. News on Monslatt also very positive in my opinion and happy to hear of multiple thick coal seams.
I would like think comparatively versus the likes of BOW and ICN, that BUL is undervalued already and that the market will surely catch on after some drilling firms up Blue's resources further... great location, and holding some very prospective tenements.
And even if the market doesn't catch on - if the results are there and the gas reserves mount up - it is possible that KOGAS, or another major, might take the option away from the market anyway.
Looking forward to the next 6-12 months with great anticipation.
BUL Price at posting:
25.5¢ Sentiment: LT Buy Disclosure: Held
