obviously there has been a lot of emotions and different financial obligations and individual investment positions
as with all my previous post
I seriously dont think its "THE END" so to speak it so seems like we are just fighting with our own shadows
Kingroy could still be reopen if/when authorize by a higher and SENSIBLE jurisdiction
QLD is way too small for UCG anyway...
in fact I think this is the beginning...
again my confidence lies with PwCS international expansion strategy then the investment in flow
essentially we sell confidence before we sell the product when cougar offer a new picture of a viable investment the money will flow in think and fast again
I thought today was alright looking at the history price on the last plunge Sep 6, 2010 102,907,008 and the fact that the price picked up almost within the same hour it open and closed at the higher end suggest people are shopping for bargain and they are still buying... I am contented
truth is Cougar is not a untested they have the expertise as used and tested by others and they pass the stringiest water test internationally thats is a BIG TICK
fighting back here is HUGE and if it goes to court (finances to be worked out) we can cut out the frail human biases of some pathetic individuals and demand compensation - shut down a plan that they were involve in feasibility study and approve the site and now without valid reason? coz mommy said so, Kate?
numbers dont lie it is the one behind the numbers that lie
if those reports were within the guideline they are within the guideline. PERIOD! and logical conclusion should automatically be made
I vote to overthrow DERM. Who's with me? seems like other part of the world is overthrowing useless government :) or see if WikiLeak has some dirt on them?
anyway the world is watching Cougar
Got this on CNBC International Business News http://www.cnbc.com/id/41359881
Small coal gasification group Cougar Energy lost half its value in heavy trade, sinking to A$0.021 after saying that the Queensland government has proposed to force it to shut its Kingaroy underground operations. Cougar said it would consider challenging the notice.
and UCG Association http://www.ucgp.com/index.php
click on the tab -News- check it out
click on the tab -Finance and Banking-
Deloitte LLP (Founder Member) Contact: Don Kinnersley www.deloitte.co.uk/energy
Cougar is not the only one on trail... QLD reputation is on the line and that has massive implication on future and current investments on negative view of red tape in QLD that can change the history of QLD
if QLD dont dig stuff from the ground to sell what else do they have? tourism after the flood? bananas plantations?
can somebody living in QLD pay DERM a visit and talk some sense into them? or maybe we should protest outside their office just like those farmers until they do the right thing?
for those who bailed with respect and with curiosity can I ask what's next? anything good out there? I dont see any thats vastly different but would love to check it out too.
fingers crossed and good luck to all .
CXY Price at posting:
2.2¢ Sentiment: Hold Disclosure: Not Held