I cannot find a thread for this, but this is the news. According to another board and news reporter they have been selling gas for just over a month. Trucking it to Intermountain gas. I assume they'll be a PR shortly.
Posted by Marketmutt on :
That's real convenient since the price plunged for bargain buys. The 10k is out.
Posted by bloodykitten on :
My first real filtered find and flip couple weeks ago. In at .07 out at .08. Be worth a watch again.
Turning farm animal crap into fuel. Conjures up images of the Thunderdome type opperation.
Posted by Marketmutt on :
I'll buy in if it drops to mid .05s thanks.
Posted by slim on :
It is possible that it would drop to the mid .5s, but even as six I believe it is a good buy. I expect a PR shortly, within a couple weeks, and then I believe we'll get us a decent bump.
Posted by Marketmutt on :
Looks like .057 is support, I'm in. I saw on the website they're building a pipeline to the gas company, does that pipeline go by the Whitesides Dairy, is that what they plan to tap into, or do they have to build a whole other separate line to the gas company? I can't tell from the mapping. Thanks.
Posted by slim on :
The pipeline showing on the web site goes from Westside's(actually the name of the project is West Point) to inner mountain gas line. The gas they are selling now is trucked from white sides to inner mountain. There is talk of building a pipeline from Westside's to the gas line, but from my understanding at this particular time that is only an idea and plans for it are not solidified.
Posted by slim on :
Correction: proposed pipeline is from West sides to Intermountain, thinking about building a pipeline from Whiteside's to Intermountain. Sorry for the mixup.
Posted by slim on :
PR. Today on gas sales, stock did not move as much as I thought it would, but let's see what happens tomorrow. Regardless of the amount of movement in price this is good news for the company. I believe they have a much better chance of procuring financing now.