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DVPC - Pro / Con
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[QUOTE]Originally posted by Purl Gurl: [QB] I expected a good jump in price with announcement of their completion of the large natural gas pipeline to retail markets. Share price went up for a few days then drifted back down. Flow from their natural gas wells is very good. "...Company is producing gas from six of its coalbed methane wells and one conventional well in the Slater Dome/Coal Bank Draw Prospect (the "Slater Dome Prospect"). The 18-mile gas gathering line that was constructed by Slater Dome Gathering...." DVPC stopped filing with the SEC earlier this year. In the past, that would be a concern but today this is very common, to save money spent for accounting. My best guess is very few people know about DVPC and its good progress at producing very viable natural gas wells. I will look around to discover is there are more recent financial reports since their last filing with the SEC back in late 2004. It is clear they are bringing in lot more revenue since retail hookup. How much more, I don't know. [/QB][/QUOTE]
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