re: Ann: Carbon Planet signs VCUPA for 10m vo...
Great find belombre, guys well worth a read! Thumbs up mate, I hope you dont mind just copied a bit of it which will get people thinking.
"Carbon Market Potential"
According to a recent New York Times article, carbon trading is one of the "fastest-growing specialties in financial services." And companies are scrambling to get "a slice of a market now worth about $30 billion and that could grow to $1 trillion within a decade."
The article, "In London's Financial World, Carbon Trading Is the New Big Thing," goes on: "Carbon will be the world's biggest commodity market, and it could become the world's biggest market over all."
I just stumbled upon the company with the ann out yesterday and looking at the 2yr chart you can see what FM means by little downside, it used to be 4c 2yrs ago and have been around these prices since march. If this carbon credits trading takes of you can also look at it this way, .008 - 100% gain! Possible on news and when people realise the potential! Only imo. Polski just typing what I see, traders do some silly things at times but long term potential might be here imo??
MCL Price at posting:
0.4¢ Sentiment: LT Buy Disclosure: Held
