NYSE:IVAN.WS - Post by User
Comment by
tatkoon Mar 08, 2013 1:52pm
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Post# 21101442
RE: RE: I'm in
RE: RE: I'm in You have a realistic look on it. However one has to ask a question: if this technology is such good one, why other companies are not tripping over each other to get it? I remember the hype in January 2006, when Robert F. was saying how much of an interest the HTL has caused amoungst the big guys, many national governments and so on, how serious the talks are. Finally after all this hype passed over, they decided to go alone by bying Tamarack from Talisman. At that point I remember hearing Friedland saing that we will see first production in 2013. In 2010 they said about producing in 2014. Now we have 2013 and we have not even got the aproval yet. Now we hearing about 2016 as first production date. Now, at least for me, the only sign of confidence is the one given to this stock by Freidland who is buying this in sizable quantities. The rest of the market participants have a half hearted fillings(included yours truly). I hope Robert is right once again, though I think I will wait till late 2015 before I step in, if at all. Time will tell.