Things are looking GOOOOOOD!!!I'm extremely happy with recent developments.
We know the CAT can not only produce but increase production. All the recent financial figures are based on the PROVEN production and reserves, imagine how this is going to freakin' LIFT OFF once Elk Valley comes in as a winner.
This company has delivered on all its promises. It is a bit disappointing that at present with the current production the company appears to be too diluted but that is going to change very quickly once the bigger numbers start rolling in.
Obviously the INSTITUTIONS recognize this and that is why ownership has only increased, not decreased.
We know the CAT knows how to make decisions, when to walk away and when to run. The CAT does not pursue losing properties and that has been shown in their decision making in the past. If there was any kind of an issue with the Elk Valley the CAT would have pulled up and moved on like it did on the others. Instead we are going to scoop EnCana!!!
Mind you EnCana are no slouches, they knew to keep a percentage of production even after the business decision was made to restrict their activitity to their core production areas.
LOOKING GOOD!!!