ECU 3.85% 25.0¢ eastern corporation limited

looks like a 5 cet ouvre, page-13

  1. 8,972 Posts.
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    malfunction Well, technically they are already producing...just the gas is mixed with water. They could actually do it a lot faster by increasing the rate at which the well is dewatered..however Gordon is in no hurry...and best to do it safely and hassle free. Once the well is sufficiently dewatered the gas will flow and be sold to...(?) well lets just say a high profile company.

    The 8 billion cubic feet of gas referred to in announcement is just the tip of the iceberg. There is alot more gas in the surrounding areas which they are yet to put wells into.

    I bought another 600G at market close today. I didn't think the price would hold up so high so waited till the close to buy more.

    At the moment, the stock is in traders hands...as JJ said though, in a couple months (or a month) this price will look very cheap...barring an unfortuate turn of events of course.

    IF your an investor id say hop on, if ur a trader...well i have no idea.

    Do your own research on this, as i am completely biased with well over a million shares.

    Cdchi1
 
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