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Strategies & Market Trends : Greater China Junior Stocks

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From: DinoNavarre9/1/2010 10:42:30 AM
   of 1992
 
Started a small position in this one, (hope to add more shares if the company executes its growth plans without hurting the stock price to much), it is a natural gas play in China, this one is a bit more unusual than most small cap NG outfits............it is a CBM play and it owns mid & down stream components + its own tech division.

They have started a farm in agreement with ConocoPhillips.

They also have a 50/50 joint venture with Mitchell Drilling (Aussie CBM driller) in place.

I'm hoping the demand for NG in China soars and that in a few years I will be glad that I own this stock.

It can be bought on the AIM & Pink Sheets:

londonstockexchange.com

finance.yahoo.com

They have and informative website:

greendragongas.com

Todays earnings press release:

greendragongas.com
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