for attention of smart analysts, page-20

NeilN, there are many other thin straws to grasp on the LNC threads, why stop? LNC makes it money from selling coal tenements. It is no gas giant, nor is it even an energy producer of any redeemable value. But granted it is having a go thanks to some well picked realestate (the selfish interest, to pursue other selfish interests).

It's stated core business will remain at zero value as it is now diversified into energy, and burning large cavities underground is judged a bit risky.

As for Rancher -
RNCHQ (Rancher Energy Corp) Nasdaq BB

You see anywhere in there a revenue that cannot feed a company with 119M shares on issue and a backwater office that is suddenly going to feed one with 500M on issue and multiple international offices? Income from oil sales was a measely $2M per annum - might cover half the LNC executive team.

Give that Research analyst a call - he sounds like he has the news you want to hear.

- or do you mean the $14.5M bailout - there was a lessor facility put forward in Oct2010 that must have fallen through by the looks. Then Linc comes along in Jan2011 ....

[The Debtor-In-Possession Financing provides for the following:

- Authorizing the Company to borrow up to a maximum of $14,700,000 from Linc Energy, for the limited purposes of:
(a) paying the GasRock Capital, LLC debt ("GasRock Debt") in the amount of $13,653,698, in full;
(b) holding the Carve-Out Amount ($100,000 to be used to pay actual administrative expenses) in the Carve-Out Account until the close of the Sale;
(c) paying pre-petition ad valorem taxes with respect to Real Property located in Wyoming;
(d) funding the Escrow Amount into an interest bearing account to be maintained and disbursed pursuant to the terms and conditions of the Escrow Agreement;
and (e) other purposes with the prior written consent of Lender, in its sole and absolute discretion.

Linc is burning cash and is in danger of throwing good money after bad. But that's speculation for you.