RE: WOW! A Post!!!There has not not been much to post about Fredski, but like you I keep an eye out for whats happening. All these plays are going nowhere but down presently. I am simply watching to see which ones are the good buys to make back some of the money lost in the last 3 months although I still hold some MBV at 12 cents. NAG had news releases about permits today and in them talked about potential coal plays up into the area MBV has permit applications. That is possitive, but permits no longer are news enough to incite great interest or positive movement in the share price. It is only after permits are approved, drilling is activated and there is some indication of positive results from drilling either by MBV or by neighbours, that will produce an interest that will lift the price of shares.
I still feel that there is a large coal deposit in this area that will generate great interest and benefit many of the companies playing here. Just how long before that materializes is anyone's guess. Financing in today's financial environment is very tough. I hold shares in a company with proven technology, great cash balance, some sales, high level backer etc. which today announced suspension of business until the companies that they sell to can get back into the business of buying their product. This is a product that saves energy costs and cuts emissions by 80%. Sounds like a sure winner but right now the economy trumps the environment. That is what these smaller companies are facing, a tough market both on a development side and on investor interest.
I hope this works itself out sooner than later.
Good luck all
Alfun47