Club Mulgoa

Thursday, March 03, 2011

CEL

I beg hard enough and was able to buy some CEL today. Not the best price but why worry over 0.5-1c if there is 9 tcf of gas in the ground AFTER exploration?

I am waiting for a major share tipster to highlight that detail. But maybe, every other investor knows that "unconventional" means carbon dioxide but not me nor the CEO reporting the gas.

http://imagesignal.comsec.com.au/asxdata/20110228/pdf/01156103.pdf

Maybe it is gas "in place" and it is not coming out :-(

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