RE: WOW!!!!!!Tremendous news, even though it more or less reiterates what was known 3 years ago. The key now is to get some newsletter writers interested in the stock and present the story to a whole new group of suckers (er..... investors) that are untarnished by the sins of the past.
It is tough psychologically to peddle an energy stock in the middle of the summer, so this hype may take a little while to have an effect.
Hopefully the closing actually happens tomorrow as scheduled and the company rolls out a financing soon thereafter. I believe for this first one they will probably only get about C$2/share, so they should only raise enough prove out the concept, and then do the big financing later, in the winter, when natgas prices have recovered.
There obviously will be a lot of interest in the stock once a financing is announced.
All-in-all I'm pretty happy with what is happening here.