Generally a bad idea to buy after it's already bolted in my...

Generally a bad idea to buy after it's already bolted in my experience. You never know whether it's peaked or not.

In this case I suspect it'll come down again once the day traders move on.

If it does I'll look at averaging down, because once you take the hype out of it, and the day trader panic, this is a good announcement. China was really the only place SYS was likely to find funding for Clinton.

The potential of the company is huge. Costs of about $30/bbl, an oil price of $80/bbl (diesel ~$10 more) and pumping out 15,000 bpd is an annual profit of around $300M! And unlike the UCG companies like LNC, there is very little technical risk because this is all off-the-shelf technology.

But like others I've been suspicious of the management's ability to get it funded and off the ground. We'll have to wait and see if this changes things but it's good to see they're moving in the right direction.

But if there's one thing this company's shareholders are used to, it's waiting!