Just a note on the green fuel element of this investment in case you missed it. It is starting to gather pace as earlier this month two senators introduced a new piece of legislation

U.S. Senators Jim Bunning and Barack Obama have introduced the “Coal-To-Liquid Fuel Promotion Act of 2007.” This is a bipartisan piece of legislation which is based on the previous bill introduced by the same Senators a few months ago and would help create the infrastructure needed for large-scale production of Coal-to-Liquids (CTL) fuel.

It is a bill that expands tax incentives, creates planning assistance, and develops Department of Defense support for the domestic CTL industry.

If you want to read more about it then follow the link to Senator Jim Bunnigs website which is
http://bunning.senate.gov/

It is an interesting read and bodes well for the future of Silverado.

We will hang on to this stock and add to our position as and when we can.

18 January 2007