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Admiral Bay Resources Inc V.ADB



TSXV:ADB - Post by User

Bullboard Posts
Comment by canada7on Sep 29, 2005 12:40pm
419 Views
Post# 9629226

RE: ADB -- a great asset play

RE: ADB -- a great asset playYOu ar perfectly right. The man who run ADB has a very strong record of not hitting a dry CBM well, probably close to 99+% wells drilled produce gas. While the market has rewarded other CBM companies based on their promises (no drill results, reserve or whatever), they have not given that to ADB which has some drill results and reserve. With NG price close to $14, up 200% from last year's low. This will have a large implications to NG companies. Also, oil stocks are doing just OK, but gas stocks are doing great.
Bullboard Posts