CTL Probably the less said about Quantex, the better---at least for now.
Westcore was talkng about this in nr's dating back to at least feb10, 2011. Results on 500kg at that time were projected to be due about sep, '11----and that delay was due to 'increased activity' at quantex.
Since then, 'results' delivery has been postponed for one thing and another. A lot of bull has been posted about the 'exclusiveness' of using this wonderful quantex process. SP decline appears to perhaps reflect the apparent lack of progress or reporting of whether or not process even works with wtr's coal.
Personally, i hate to see stock on any co 'run up' without factual results to justify sp increase. In my experience, if a stock goes up too fast and whatever was driving it-----then the driver don't materialze----the stock falls farther than it was before, credibility was lost. And it's hard to regain.
So---in area play, we got quantex, which might sooner or later (well, obviously later) report something or other.
gxs has got 'Zeep'--whatever that is?--and their sp is also languishing.
The last entry in area ctl play is smi----who has not disclosed who or what or how come. Perhaps the 'last best hope' for ctl---at least it has not been hyped, and perhaps whoever they got interested (they ain't saying much)---that partnership evolved with a tad more research and thought.
I am not saying quantex or zeep won't be the cat's meow---but, personally, i like to be underpromised and overdelivered.
Anybody with a head any thicker than a chicken would know that whatever type of plant is built---by whoever---is gonna want to have as much feed available of as high of quality as close as possible. This thing will be expensive---money will have to be raised, investors will insist on wanting it to be as long lived (much plant feed needed) as possible.
To me, these claims of exclusivity (nah nah---we got it and you don't!) are childish, schoolyard tactics that defy common logic.
I continue to think that we all----gsx, wtr, smi---shareholders have a good shot here. All have large propertys, all have found some coal. Cooperation, info sharing, perhaps combining the 3 co's into one----appear to be in best interests of shareholders of all three co's.
By way of disclosure, I have a large position in smi, i like the management, i like the diversity. At the moment, looking at respective market caps---the market aggrees with me. But---consider relative numbers of 0/s---perhaps one of the others is a better buy----you buys yer tickee, yu takes yer chancee.....