RE:RE:RE:RE:RE:RE:Got Pilot Update News, not what people here expecting
this stock sits in a very strange position in that the testing so far has been very promising. What makes it strange is that people continue to view it like any oil and gas stock and doing so tie it to what I go on about. This is not those stocks. With cap and trade restrictions heavy in Canada and maybe the same in the US that puts pressure in reduction of oil so production becomes costlier..I don't see in terms of spot oil prices that is quite illusory with the fluctuations and what not...but what I more specifically look at is at the worst case scenario of being so heavily restricted can companies use the tech and still make healthy profits. It is easy when prices to commodities are up but when you look at not only survival but being able to thrive that is the real value here. People keep talking about high oil prices in which you can liken to what happened to graded silicon producers like Timmenco it was Tim on the TSX main. The company was successful on high spot solar grade silicon and its refining process but when there was a glut in the market and the spot prices dropped heavily the company went under because it could not produce the silicon cheaply. The value here is not when oil is $300 a barrel but when it is akin to $30 and still allowing companies to thrive in such price pressures. This is the reason I go on the way I do. It is easy when the spot prices are high and to reap huge revenue but far tougher when prices for whatever reason get slammed be it a glut in the market or heavy restrictions to not only survive but thrive. Folks look at the value of this in the worst case scenario not on other ones. Like I said I value things quite differently but there are reasons for doing so. This isn't nor should it be viewed as a stock tied to oil prices being up only that isn't where the real value lies to be honest bur this is from my way of seeing things.