CXY cougar energy limited

Bruce...You nailed it..Kingaroy is indeed the tip of the...

  1. 523 Posts.
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    Bruce...

    You nailed it..Kingaroy is indeed the tip of the
    iceberg.

    Len has a longbow and when he added Eneabba Gas
    to the war chest,the outcome may prove to be his
    smartest move.. in this Country IMO.

    That Mid West Region of WA has 10 tenements encompassing
    1,175 SQ KM.And is considered highly prospective for the
    supply of UCG Tech.

    Cougar's 50/50 deal on E70/2758 and with an option over
    Eneabba's remaining 9 tenements,is looking a far better
    deal than Victoria at present.The Latrobe Valley is taking
    too long to materialize.Perhaps Mr Brumby is still chasing
    Labor ideology,..whatever that is?

    The Cougar/Eneabba JV has 74MT indicated and 119 MT
    inferred, JUST FOR E70/2758..enhancing future drilling
    prospects for the area south of Geraldton.


    The JV pilot plant is set to commence early in 2011.
    Eneabba's positive relationship with Premier Barnett
    will no doubt pay dividends for both companies as they
    strive to bring power to a rapidly growing region.

    Western Power states that..they are unable to offer
    UNLIMITED power in the Summer of 2012/2013.This has to
    be a "golden" opportunity for this fledgling industry
    to prove its worth via UCG.

    Cougar's unfolding drama reminds me of the time when
    Metgasco first came to Casino.The locals immediately
    condemned the company before the first hole was drilled.
    Where do they come from.?


    Finally...

    Western Australia will give Cougar all the room it needs
    to expand.There is an intelligent 'liberal' Premier at the helm,
    who also believes in U3O8 and to be surrounded by
    progressive thinkers,in an entrepreneurial state..will
    be the making of this company IMO.

    PS.. Cougar, do your burn,'improve' the tech and leave
    Kingaroy to the "unwashed".For ignorance is NOT bliss,its poverty,devastation,illness,it all comes from Ignorance.

    HM
























 
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