Milsands Field and Chevaroo Field being flooded with CO2, looking for additional proven fields in American SW, but a little expensive presently to buy. Just hired marketing firm to take over Investor Relations/Marketing. I have been buying this one for a year, started at $.98, and have bought up to 1.90. Was shut from trading following their failure to submit financials on time...was trading upward, moving toward $3 quickly, had great momentum and hedgies/pensions looking to buy...shut for 3 months, returned to the low dollar mark, tested lows, and started moving back up again on 2/8/2008. Great potential but be willing to wait, they reportedly moving from the Canadian Venture Exchange to the Toronto Exchange sometime this year, which will really open up volume...and eyes. Fundamentals are good, as well, they own tons of CO2, a natural gas used in certain EOR ventures...they also have a good market for their CO2. Good things expected, good news should increase in the near term.
$1.61 (02/27/08)
