CXY 0.00% 0.3¢ cougar energy limited

Shane75,Please allow me to quote your words in lnc...

  1. 87 Posts.
    Shane75,
    Please allow me to quote your words in lnc thread:
    "
    Stormboy,

    I am not licenced to give financial advice, but that didn't stop me from telling everyone on the GDN thread to buy LNC back in Dec 06 when it was under 20 cents. A lot has happened between then and now. With the acquisition of SXP, LNC will have about 77,000 square kms of coal tenements. LNC has about 230 UCG specialists with the acquisition of Yerostigaz and now own biocleancoal using algae to reduce the CO2 from the emissions. LNC is now in the sights of major overseas investors although it was it has been on Anglo American's RADAR since about May last year. Look for my post about that time.

    There are several things that I am expecting in the coming weeks:

    1. Announcement of deisel/jet fuel flowing from the demo plant.

    2. Massive media coverage as Prime Minister Rudd declares the demo plant officially open and applauds LNC on helping Australia become independent on Foreign oil and reduce the cost of fuel for working families.

    3. JVs to build dozens of UCG-GTL plants around the world with major US companies that have been waiting on the demo plant. These major US companies will provide all the finances with LNC providing the technical expertise.

    Right now BBY value LNC at $15.51 for the Chichilla plant alone if oil stays above US$130 per barrel. If some of the things that I have postulated above come true I would suggest that figure would be revised up. Of course that does not mean the SP of LNC will be that this year but something more than it is today. BTW, the Engineers at LNC have assured me that the plant will work.
    "

    It seems that you are very confident/comfortable about LNC's risk profile.

    If you think Cougar's UCG is a HIGHLY risky stock, I assume LNC will have an EVEN HIGHER risk profile i.e. risk of UCG + risk of GTL...

    According to your own theory, Cougar should be your logical choice over LNC since LNC shares same level of risk(if not more, considering Len did the first trial for them last time) from UCG assessment, however there is also one more step to complete LNC's story i.e. GTL process, but use UCG syngas as the feeding stock, emmm, has anyone done that before? Will that be considered risky?

    Would you kindly tell us the reason why you hold LNC not CXY and also suggested that we should "get ready to bail"? No offense here, it just doesn't sound logical to me.

    Cheers
    P.S LNC is a great stock, I'm not its share holder but like its vision.
 
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