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Gold/Mining/Energy : Shale Natural Gas, Oil and NGLs and ESA

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To: jrhana who wrote (1333)8/13/2009 1:31:49 PM
From: Glenn Petersen  Read Replies (1) of 6160
 
Looks highly leveraged and highly risky at a glance.

The company is chewing up a lot of cash and future fund raising efforts will probably be dilutive. Wastewater remediation is a tough business for small companies. One bad contract and you are out of business. Aqua-Pure is not on my buy list.
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