why enb moved today, page-9

BFKAH

My belief is that ENB is giving up all of its coal tenements to CNX.

What I cannot understand is why didnt ENB undertake drilling to assess the extent/value of its resource much earlier and certainly before entering into an agreement with any party including CNX. Frankly, I suspect that it is because ENBs board is nothing more than a bunch of lawyers and accountants seeing an opportunity to make a quick buck...I for one am not impressed by photos of these grey-suited guys such as we see in their reports!

AS to the future, my guess is that CNX will take over ENB and, in fact, CNX s first commercial operation will be here in WAs mid-west.

I hold CNX shares.