In case no-one has noticed, G&O stocks are on the nose, small caps even more so. However, take a look at GHY. (Not held btw). They have a market cap of 87m with only a chance of future H/He production. CTP are sitting on a potentially huge resource of these gases, with high concentrations already measured from previous drilling. Perhaps if they could get drilling, maybe institutional investors could overlook the nasty part of the business which is actually making money and take a position for the H/He potential. Or is there a possibility of floating a new company with these assets in an IPO? Probably way too hard given all the various JV partners. Who knows, maybe the 19% who want out at 8c would get their wish.
CTP Price at posting:
5.0¢ Sentiment: Hold Disclosure: Held
