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Engineering, procurement, construction & management of crude oil refineries.

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Message: Ethanol update please

Ethanol update please

posted on May 02, 2008 06:10AM

Like some others I initially bought Winfield as an ethanol play last June. I have been a silent participant at this site since I read that Winfield had become a new Hub. I have watched the hoopla and speculation build and watched my $.125 shares soar into the $.70 range. I was, at times, thankful, during the Hold, that my WWF money seemed safe while the rest of my portfolio was caught in the bloodbath of the late summer and early fall. I have increased my holdings over time and have admittedly been caught up in all the dreams of quick(?) money that the refinery announcements have generated. But...

Now with a world food crisis (real or imagined) being discussed in the media and the use of corn for ethanol being decried around the world, surely there remains some value in WWF shares because of it's agreements with TDI Projects Inc. and their process to use other types of biomass to produce ethanol. Can anyone here or at WWF update us about this portion of our investment?

Thanks in advance

GH

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