CXY 0.00% 0.3¢ cougar energy limited

In any overall assessment of this UCG industry, I just don't see...

  1. 1,850 Posts.
    In any overall assessment of this UCG industry, I just don't see CXY as a high risk investment. High return definately, high risk . . . no!!

    How can an industry that has been around since the 1950's be high risk?

    Is there a high risk of oil dropping back to US$30 a barrel??

    Maybe getting oil from liquids has more risk but CXY's strategy is to go straight for power generation., GTL will follow later no doubt.
 
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