RE: RE: RE: Halted.....WHY???? Looks like Fairborne is back in business. Two companies halted same time. This is the deal I was clamoring before. I said I had sources that told me that one of the parties that looked into the media room before was taking a seocnd peak now that NG has recovered. Moreover, This will be a very active hurricane season with mucho disruptions to supply. Look at the nice bounce ECA has had in the past week. Also, the two industry prostitutes that were oversupplying the market for the last four years, Chesapeake and Devon Energy ( hedge books both expired) ,and the bonuses tied to PRODUCTION . What we are seeing right now is an unofficial OPEC style cartel being drawn up for natural gas producers. The big companies have cut back causing the price to rise and they are not going to increase production until infrastructure is in place that will increase demand. Hence probable reserves that were uneconomic wil lbe shifted to economic reserves.
FEL. NGL, NVA are all candidates for take over,
I called the HYD take over, next I said FEL, next one will be in the gold space, LSG.