Hibbahellfire you shouldn't have long to wait until news starts rolling again.
This announcement dated 30th June 2011
China ? Inner Mongolian Autonomous Region The Company and its local partner (DeTailong Investment Energy Ltd - ?DeTailong?) have submitted the application for their first project in Inner Mongolia. Following recent changes to the approval processes, the local authority has requested further technical and environmental details relating to the proposed pilot burn. Cougar Energy, through its Beijing Office, is supporting DeTailong in preparing this material. It is estimated that the request for additional information will extend the time for receipt of registration by 2 ? 3 months. The new approval process gives the Company the opportunity to work more closely with the local government in promoting the long term benefits of Underground Coal Gasification (UCG) projects in the region. Mongolia After a recent visit to Ulaanbaatar by Cougar Energy?s Managing Director and General Manager ? Asia, initial work has commenced to prepare agreements establishing a UCG project development venture in Mongolia.
CXY Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held