running this morning, page-7

hey Nuke,

agreed, real long term potential here in RFE, although me thinks positive sentiment in the CSM industry is certainly buoying their SP to some degree atm, it can be easy to get carried away though.

Have been a big fan of CSG stocks since back in about '03 when I bought a parcel of QGC in their first SPP for .25c. needless to say I held until the BG tko, and have only moved about 50% of the proceeds back into the market. I converted MPO oppies back about 2 yrs ago (still holding heads), and believe they share a similar profile in some respects to RFE, given their exposure (potential) to the North American gas and shale gas markets, through their Canadian tenements in the Utica Shale play.

Just a question you may be able to answer, how much does it cost the coy to renew their two year tenement leases? and how easily can the company do this? (just referring to their recent presentations).

Also, what's the likelihood of a further cap raising in the next 12months, or farm-in announced? at approx 250K per well, 600 wells (target) will certainly exceed the comapnies current expenditure capacities.

I tend to be a bit critical of broker reports, etc, ie primarily due to conflicts of interest, etc, but good to see some really positive reports out there, that are no doubt bringing some attention to the stock, I'll continue to research.

cheers