GREY:MDCGF - Post by User
Comment by
dexter08on Feb 14, 2010 12:54pm
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Post# 16784371
RE: biofuel
RE: biofuelInteresting article about the algae. I believe in a previous NR that Medicago said they will have an update on their trials for The U.S. army in Q2. Seeing as the military wants too be using some sort of alternative fuel source by next year this could be a huge bonus for us$$$$ Couldn't imagine what a NR stating that Medicago will provide the U.S. army with bio fuel would do for the SP!!!!! It will definately open alot of doors. That $2.50 price should get upgraded too at least $5. Too think we have 2potential ground breaking revenue streams in the pipeline and we are trading at these low levels. Gonna be an exciting few months and im thinkig that by summer we will be north of dollar considering all the possible NR coming. With a U.S. contract is it urealistic too think $5 would be a fair target?????Any thoughts.......