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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: ddl who wrote (5777)11/20/2002 3:45:41 PM
From: Stephen O  Read Replies (1) | Respond to of 6016
 
That's the biggest piece of crap I've seen written on this thread in a long time. GLE have a promising technology, Enbridge invested in it precisely to get those distribution rights. They knew the product was not commercial, they knew they were taking a risk. So it's taking longer and more time, it happens all the time, nothing is perfect except perhaps your own over inflated ego.



To: ddl who wrote (5777)11/21/2002 12:13:11 AM
From: Gulo  Read Replies (1) | Respond to of 6016
 
would have made Enbridge commit to invest in something that is a commercial certainty
Don't you think a "commercial certainty" would be worth far more than what Enbridge paid? I don't think Enbridge was under any illusions, and I suspect that the only things they might be disappointed in are the delayed timeline and the depressed stock price (which is somewhat related).

Why not ask Enbridge if they would invest today... knowing what we all know?
Actually, I hope their actions will speak for themselves. I certainly didn't know more than Enbridge when they first invested, and do not now. I would be very surprised if they were expecting much more than has been delivered to date, aside from the speed of progress. They were absolutely aware of the progress that had to be made.

-g