I think the metrics for Jade are positive. Government interests, via Erdens Methane, in Company so want them to succeed, huge world demand for natural gas, indeed Mongolia has a huge cost to import natural gas utilizing China’s road network to transport at a significant cost, in addition fracking technology is well proven in large scale coal field’s which Is the focus of Jade. So if, over the coming months, Jade’s drilling proves the existence of large scale natural gas, the share will quadruple.
JGH Price at posting:
7.7¢ Sentiment: Buy Disclosure: Held
