directors responsibility to keep the the market informed has frightened a few hot holders,the facts are there has been no downgrade of the China coal gas project. There is a very successful gas well nearby,flowing over 500000 mcf/day. If we get just 100000 mcf it will be great,coals seems are fractured and there ought to be no need for fracking, the multiple coal seems would allow for lateral drilling and recovery IF flows are to be magnified.
The rig is being set up now but blowout prevention valve need to be attached to commence well, directors are very conservative and could well beat start dates.
The sell of today was reminesant of that previously---GREAT SECOND chance to load up, the future is great and little downside from here.
todays report
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