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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Proud Deplorable who wrote (173217)8/21/2009 10:57:26 AM
From: zebra4o11 Recommendation  Respond to of 312695
 
Botox, Couger is my favorite Australian underground coal gassifcation (UCG) company. Really like their CEO Len Walker - a no-hype guy who was been involved with UCG for decades. Cougar seems to have the most realistic path toward commercialization of UCG - using the syngas for electric power generation. The other australian UCG companies are focused on grandiose gas-to-liquids schemes that require a few billion $ capex.

The coal mentioned in this release is 150 m down - not economic to mine conventionally, but at just the right depth for UCG.

Have not had the courage to buy any of these Australian penny stocks yet, but really tempted by Cougar. They have a 'pilot burn' coming up late this year. Pilot burns always seems to be good for UCG stocks.