boot & co ,
I was simply trying to say that CXY have no connection to the Gladstone plants, Connoco,Santos or any of the other entities involved in CSG. As you know , UCG and CSG are two very different processes.
Yes they both involve gas and they both involve coal , but that is as far as it goes.
One produces energy at the source leaving residuals in the ground while delivering power to a grid , while the other transports coal seam gas via a pipeline to a common purification / liquification facility for export of the product to customers domestically and overseas.
Don't get me wromg , I am a strong believer in both of these technologies as the future for cleaner power and energy world wide as you would know if you have read my threads on this site for the last 12 months or more.
I simply saw your reference was probably better suited to one of the "specific" company threads involved with that article and that particular process.
I sold these at a huge loss just recently after holding for a very long time , but will still monitor CXY until I believe the company is in a better position as I am an investor not a gambler , and whether we like it or not , the company is now in a very tough position not entirely of their own making , but nonetheless have moved into a very high risk category in my speccie strategy .
Cheers, and good luck to all holders and I take this opportunity to thank all of the valuable HC posters who contributed to this equal opportunity forum during that time.
If you don't accept other people's input without getting defensive , then maybe you are on the wrong forum altogether.
My favorite quote is : "The only thing Constant in life is Change and it is how well you adapt to change that determines how healthy and successful you will be."
With this stock for the moment I had to make a change.
Best of luck to all holders and DYOR and then make your own informed decisions.
Cheers all.
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