Hi EV, I agree this stock could be going places, however they dont at present seem to be living up to there stated intentions, where are the 9 wells in 2008? I admit the cbm resource is proving to be a good thing so far, but the company is a slow mover and not it seems able to find farm in partners. Cash will be an issue in the months to come if they fail in this area.
They are facing the same issues as most speccies, 'cash burn'.
Having said this, the company may come good in USA, or farm in announced next week!!
Regarding the lack of postings, we have had little to talk about, so i am not surprised.Perhaps many investors have turned their back on the depressing market...I did!!
I enjoyed your post...good work E.V
Regards
Pixby
LMP Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
