Lotus1, I use to be a huge fan of LNC. I got into them when they were around 30c and sold at $5. I bought and sold them a few more time after that but these days ive just given up on them. I wont really go into too much detail but the thing that bugs me is the lack of info they provide but more importantly that seem more focussed on selling their coal tenaments rather than their real purpose in life which is UCG and then GTL.
After selling LNC I discovered ESG when they were around 30c and i've sunk a good portion of my LNC profits into this company. From what ive read and seen, this company has real potential to succeed. Its got great tenaments with potentailly huge amounts of gas; quality management who do keep us informed and deliver; a big time partner in Santos; and awesome posters on HC :)
ESG Price at posting:
$1.08 Sentiment: Buy Disclosure: Held
