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Gold/Mining/Energy : SYNI - Syngas International Corporation
SYNI 0.00Nov 3 4:00 PM EST

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To: jmhollen who wrote (13)2/9/2006 3:14:48 PM
From: Elliot F  Read Replies (1) of 50
 
John,

The only info I have now is from the Syngas website. In general I do know that any contract they receive should be quite lucrative. I'm thinking the current projects are only the beginning and any time we can expect some news that will propel the stock to levels over $1 near term and much higher over the long term.

My contention is that since every Oil Sands company uses tremendous amounts of natural gas, it would be in their best interest to produce their own from the bitumen they already own. Once they have a processing plant, gas is pretty much free from then on. Also, the synthetic gas that Syngas can produce is primarily hydrogen which doesn't polute. The Oil Sands companies should be falling all over each to start their own project and since Syngas is a Canadian company all we have to do is wait and watch the contracts pour in.

Apparently others feel the same way, as the stock is up 34% today as I write this. Personally, I think Syngas could be a 10-bagger.

Unfortunately, I don't have time like I thought I would to do some digging for more information.

ef

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Current Projects:

• Alberta Tar Sands Hydrogen Gas plant –This project is budgeted with a total Capital cost of US$13 million and is forecasted to be profitable in its first year of operation. Project location: Alberta Canada. Input: OTR shredded rubber or petroleum coke. Output: Hydrogen gas.

• Enoch Hydrogen gas plant – This project is budgeted at US$12.96 million and a projected 22% return on investment in the first year. Project location: Alberta Canada. Input: Wood waste. Output: Pure, near pure Hydrogen; Synthetic natural gas. The project will qualify as a green project.

• Medical waste plant – This project is budgeted at US$7.1 million and is forecasted to achieve a two year payback. Project location: Alberta Canada. Input: Medical waste. Output: Heat energy. The project’s primary goal is to earn a return for the Company while eliminating potential hazardous waste materials.
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