From the GREEN BARON..: “President’s Day Presents – Bold Predictions on Syngas and Plasticon”
February Focus Stock Pick Update
Syngas International (BB: SYNI)
Video Slideshow Presentation Now Available through SYNI Presentation Link on our Website at www.TheGreenBaron.com
Members as well as the general investing public can now view a video slideshow presentation of Syngas technology through a link at the top of our home page at www.thegreenbaron.com. The slide show presentation is much the same as what was presented to an impressed audience at the Big Hydrogen conference held last Monday. A more direct link is thegreenbaron.com SYNI.htm and it may require that you Download Free PowerPoint Viewer 2003 in order to view and hear the presentation.
The Green Baron Report believes that Syngas has many similarities to another Canadian based company called Wavefront Energy (WEE.V). The share structure is very similar, and we believe one large contract could show gains like what has been seen with Wavefront stockcharts.com. As you can see, Wavefront started at about the same price as Syngas before mounting a move to $5 per share within a four month time span.
Syngas made an impressive initial move higher following our report on Thursday, February 9 as the stock rallied strongly on near record volume from .44 to .62 per share within 24 hours. As strong as that move was, we believe it was just a warm up for the real move. In our update last Monday, we urged that “members should look for any weakness as a chance for accumulation”. The pullback on Thursday and Friday to close at .45 per share represents the perfect point for entry in our opinion.
In fact we will go one step further. The Green Baron Report believes we will see at least a 50% move higher in SYNI within 30 days from Friday’s closing price of .45 per share. Our sources indicate a few specific weak shareholders appeared in the market due to strength in SYNI over the past several trading days and used the opportunity to liquidate. We believe these sellers are nearly finished, and the strength in SYNI shares will resume very soon, and a move is further supported by the following research.
Hydrogen is critical for Alberta and the USA as the “magic ingredient” for turning oil sands bitumen into premium light oil for refineries. Currently, the hydrogen produced for the upgrading comes from natural gas, an expensive additive. Syngas has developed a novel way to address both issues. The PyStR process uses a synthetic gas produced by Syngas’ advanced gasification unit to produce the hydrogen. The Syngas gasification unit uses any low value carbonaceous material to produce the synthetic gas, and results in a cost savings of over 50% in the production of hydrogen among known sources. But that’s not all. Syngas has recently developed a method to produce hydrogen directly from the bitumen in the oil sands, eliminating the step required in producing synthetic gas and further reducing costs.
"Upgrader" plants saturate bitumen with hydrogen. The injections transform the molasses-like initial oil sands product into light synthetic crude that fetches premium prices as a replacement for dwindling reserves of conventional black gold.
It is currently estimated that up to 3kg of hydrogen are required to upgrade two tons of oil sands into one barrel of usable oil. The industry anticipates $165 billion worth of investment into the oil sands, which both Canada and the USA acknowledge will soon replace the Middle East as the number one supplier of Oil to the United States. A good portion of that investment will be made in the hydrogen necessary to mine the oil. Syngas’ new technology allows for better returns, a cleaner solution and at a much lower infrastructure cost (the building of the PyStR unit is much cheaper than conventional reformers producing hydrogen because it has no moving parts).
PyStR’s technical breakthrough raised eyebrows at the Big Hydrogen show in Calgary on February 13, 2006 that resulted in Syngas beginning dialogues with two of the largest hydrogen suppliers to the Oil Sands as well as one of the largest hydrogen suppliers in the world. The future looks very bright for this newly unveiled technology in one of the hottest sectors of the market.
Company Contact:
Syngas International Corporation
Investor Relations: 1-888-646-5611
www.syngasinternational.com.
Special Update
Plasticon Intl. (PK: PLNI)
On Friday, February 10 we reiterated our positive feelings about Plasticon, and that we thought “PLNI could continue to churn around at prices … of .0057 per share for another week or two”. We also stated that we thought the “mother of all moves up is still in front of us”.
Well, PLNI seems to have put in another short-term bottom as predicted, and the stock has begun to show signs of life right on time. Members should take a look at the recent chart pattern to better understand what we are talking about by clicking the following link: bigcharts.marketwatch.com.
The Green Baron Report believes the stock is telling us we are once again due for a nice move up. We still believe that PLNI is the real deal, and that the Company will make good on its promises. Although there has not been much news recently to report on, we are confident that PLNI management is diligently working on major projects, its audit, and other developments that will richly reward faithful investors. Stay tuned!
. |
