RE: you tell 'em Bomb!!..natural gas...Chebucto Gas:
Do you remember in 2000 to 2006, this project was supposed to start around 2010! Now the new date is around 2013, and in 2013 they will say something like...starting date in 2018...DEAD MONEY...and you say good management!!! Ho yeah...
From the 2009 3rd Quarter MD&A
...initial cost will be between 200,000$-300,000$ for studies...folowing completion, a further cost of 250,000$ is estimated to accrue to Sparton for the final engineering and execution planning. The inclusion of Chebucto into the overall development project IS SUBJECT TO RESULTS OF THE EARLY PHASE OF THESE STUDIES...
Need another financing for 450,000$ to 800,000$ only for studies. Lots of shares at 0.10$ - 0.12$.