RE: where is it goingthat site looks like a greenie site... so of course they would be against mining or destroying their mountain land. all they talk about is the shale in colorado. nothing about shallow shale in sask. like you sold on one article. lol! this site is full of funny people. i think your hoping for some more cheap shares. if your telling the truth i guess there is no need for you to post here again. eh?!
i don't care how you slice it... north america wont change their lifestyle and with developing countries starting to enjoy the luxuries that north america has for many years now will only increase load on oil demand. we are not running out of oil... don't kid yourself. we are probably starting to get low on easy light sweet crude... the good stuff. thats why oil sands are so huge now and oil shale will be next. especially easy access and on safe land.
can you make diesel and jet fuel out of cow s**t? they forgot to mention the very useful byproducts from oil shale that are very commonly used today. with oil shale so close to the surface... why not? short term oil will probably dip as low as $100... but in a few years it will most likely climb to $150-$200. never know though.. might be worth nothing! who knows what the future holds. but with the way things are going with gnz... if they increase their total estimate more and do some more work on their conventional properties things will be good.