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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel
RTK 0.200+5.3%Oct 13 5:00 PM EST

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To: TokyoMex who wrote (949)2/5/1998 4:24:00 PM
From: jack montgomery  Read Replies (1) of 14347
 
Hi Joe,
Interesting post about RNTK on YAHOO!
Jack

<- Previous Next -> Message 362 of 363 Reply
Subj: Somebody can't add, but I sure can...
By: dblumoney
Date: Feb 5 1998 10:12 A.M PST
Reply To: Msg. 351 by garyschuetter


Selling RNTK now would be one of the craziest things I ever
heard of. I admit that I sold after the last conference
didn't yield an agreement, but I recently bought back in.
In fact, I bought more than I had last time. You RNTK doubters
would ask why, but I think these two things add up to a
guaranteed agreement.

On November 10th, Rentech announced it's process to convert
refinery bottoms. This involves taking low hydrocarbon-to-
carbon monoxide ratio gases and actually producing a usable
product from them. No one could argue that RNTK is way ahead
of Syntroleum in this process. But hidden in the press release
were the words that besides refinery bottoms, this gas is also
"produced from the gasification of coal". I thought nothing
of this part, believing that refinery bottoms were far more
important to RNTK. Then came the blockbuster that no one is
talking about.

On January 8th, Texaco announced that it had secured rights to
a huge methane gas field located in China. But guess where
this gas comes from--COAL FIELDS! Since Syntroleum can't
process this poorer quality gas, I wonder what Texaco is
going to do with it?




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