RE:Off topic updateLet me update the update.
I believe at that time it was just over 50 cents, so well done. I will fess upand remind that I actually read the latest newsrelease that was issued by those guys and it was so technical that the majority of folks out there wouldn't know what exactly they were developoing. I basically commented that it was not an investable company the way they communicated some of their NRs that I looked at. I've learned my lesson by investing into companies that take a lot of research and expertise to figure out exactly what they are doing. In hindsight, I still wouldn't invest in it simply because I still don't know what they go, but from the share price perspective, it was a good call, so again, well done.
I have given up trying to figure out why a 50-50 possible 1 tcf resource here is so hard to find financing for, So I will just stick it out and hope they can somehow get it. I should actually say I have some pretty good ideas in hindsight. We all got too excited by the potential and forgot that it is potential. You gotta actually hit it, be able to pull it out economically, have the infrastructure to transport it, pick up only your percentage share after all partners and government, etc, etc. Oh, yes, and have sufficient financing to keep the dream alive.
But talking about how many tcf's we could find and multiplying it by the price of gas to come up with billions of dollars and divy that up by 100 million shares sure was exciting, wasnt it!?