Hey all,
I'm sitting here with kind of mixed feelings. We are all waiting for a NR to come....and it did and it was positive. I know that it was only 3 of the 5 wells (which is still good). The other 2 most like fully have gas as well we just haven't drilled far enough.
I was hoping to see this share price move a little. I mean 5 weeks ago when they released that they were going to start drilling in Alberta it jumped to 7cents. Since this share price hasn't really moved I'm guessing that it is going to take more then a little good news. I think is has something to do with the fact that they say they are still determining weather or not it is commerically visable. IMO in order to see any real movement in this SP it will have to be viable and we will have to start some kind of production. With plenty of existing pipelines and wellsites to tie into for gas production it shouldn't take to long once they decide it's worth it.
Also I think that Sept 14, could be a great day for us. If Steve is going to give out any information about the shale oil prospects, it would be perfect timing to do it at the conference.
Anyone have anymore thoughts on whats got to happen to move this SP???????
Regards,