Michael "I think the horse has bolted" - or maybe has got in the front gate ala the Greeks & the trojan horse !! I have been Rogered by many a company with a high Asian holding they are masters of the game.
I think 15% interest says a lot more than fancy words about the state of things.
However when I see the JV that DTE has just done I think we have a much better deal & if we can tread water until some good fracking flow rates happen next year, that will be very positive BUT as always the fight/permitting for production fracking is going to be the issue.
Certainly very disappointing to see the SP under $1.30 again, I really thought we had said good bye to the $1.20's for good :-( but it is on very low volume. I wonder if there is any good news in the pipe line (excuse the pun).
AJL Price at posting:
$1.25 Sentiment: Hold Disclosure: Held
