Hi allI took a fairly substantial position today based on china,...

Hi all

I took a fairly substantial position today based on china, mongolia and se asia. Be very clear, the Chinese do not celebrate (for the most part) Easter and cxy will be working the whole time they are there. Throw in possible projects and in vic and the fact wa is not yet a write off this will rerate massively on one or more projects No news is good news. From preso at vic energy conference:


Cougar Energy has accelerated development of projects in Asia

Two key projects in China ?Inner Mongolia and Xin Jiang Province

Thar coal field project in Pakistan

Prospects under examination in India, Mongolia, Indonesia, and Malaysia

Company continues to receive unsolicited proposals to consider joint
ventures for prospective UCG sites in Asia

International activity advanced with 4 year pilot burn in South Africa, and pilots proposed in New Zealand, Alberta and Wyoming

PG

P.S This is a long hauler for me and the giLIARd carbon tax may be a blessing for cxy unlike other resource companies that will struggle under this incompetent govt.