OTCPK:STRXF - Post by User
Comment by
SlowLorison Feb 05, 2018 7:06am
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Post# 27501522
RE:RE:STRATA-X GOES TO 100% ON SEROWE COAL SEAM GAS PROJECT
RE:RE:STRATA-X GOES TO 100% ON SEROWE COAL SEAM GAS PROJECTSleeping Giant was going to be huge until it was dropped. Fracking the lingle was going to be huge before it was dropped. By-passed pay in Illinois was going to be huge before it was dropped. The problem here is that management have lost all credibility, and that matters since they will need to raise capital to prove Serowe. On past performance there will be massive dilution to pay for one well which will have ambiguous results, and then the project will be quietly dropped as the company decides to focus on some other 'opportunity'. Until they are able to sell or develop something in Illinois to back up the years of hype the company will be treated as some kind of sick joke by investors.