COIs development of a resource (that we know is there) is not...

COIs development of a resource (that we know is there) is not going to be done overnight. There is the very real possibility that more dillution as a result of new capital requirements could present future opportunities to enter COI at a lower price after they confirm the resource.

I think the Gilby brand is a good one, but as for COI, SHGesque it is not because each of the CSG companies are defined by the assets that they have or could have and for this matter, COIs CSG resource is vastly different from SHGs.

Personally I think the share price could be a little ahead of itself, but there might be some strength coming not too far away after they start releasing positive coring results.

Honestly, I think that COIs strategy to best create value would be to merge with someone like Blue Energy. To me the fit just makes sense as it gives them both the economies of scale with resource in the same proximity to be developed by the same means. A merged company could accelerate the game plan much faster and have a better chance of success of achieving it. And lets be honest the game plan is to 'simply' build a pipeline and an LNG plant with some possible nearer term domestic power.

Just some crazy thoughts.

SF