CXY cougar energy limited

" But the facts do speak for themselves and that is Ergo is yet...

  1. 6,465 Posts.
    lightbulb Created with Sketch. 2652
    " But the facts do speak for themselves and that is Ergo is yet to get past a trial burn. Ergo has spent more than US$30m of other company and investors money on 3 trial burns and is yet to produce anything commercial. These are the facts!"

    In other news, the sky is blue and water is wet.

    No Western company has yet produced anything commercial. Not Ergo. Not Linc under Len. Not Linc under PB. Not Carbon - though they should have by now. And most definitely not Cougar. That's the risk involved in UCG. If we're not willing to run it, we probably shouldn't invest in UCG! The entire Australian UCG industry is, as of today, commercially unproven technology.

    I'm curious as to why you think this is some great revelation to anybody on this board.

    Also, after watching you bag Ergo to all and sundry these last few weeks, I have to question your motivation. Somehow I don't think you are doing it out of a genuine altruistic desire to stop us making a foolish investment. Rather, it seems increasingly embittered. I don't know what personal motivation you have, maybe Blinderman ran over your dog or something.

    But the fact is, your attitude makes it hard to take anything you say as reasonable, or balanced. Anytime you say something negative about Cougar or Ergo, I wonder whether you are just prejudiced - particularly when you back it up with little more than this alleged great wealth of secret information that you know, but aren't able to tell us.

    If you don't hold Cougar shares, you have no worries. If, as you claim, you do hold them, then I certainly have to wonder WHY you hold shares in a company you are so certain is bound for ignominious failure.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.