lnc,cnx,cxy valuations, page-2

Bear

Those valuations for CNX and in particular LNC were based on blue sky imo.

Ultimately any UCG company has to be valued on what profit and growth they can/should produce in a reasonable timescale. Imo, CXY has never really chased (sigh) or enjoyed a blue sky sp.

The essence of investing is near ... can CNX and LNC continue to add to their sp's by acheiving convincing progress towards viable syngas business or can CXY leap frog them by convincing the market liewise?

Cheers
dex