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Message: News release on Shoal Point Energy web site

Re: News release on Shoal Point Energy web site

posted on Mar 20, 2009 06:15AM

Do not be so sure about any Boost even if there was a GOOD NR for CIVC...

I will refer to to SLV on TSX ... I posted the link on IV ... if your interested.. there was a NR for them today... and there can be a lot of information garnered from this NR and can be applied to CIVC ... and that is ONLY IF there are PROVEN reserves... I have also mentioned over there that I am becoming quite skeptical on this meaning that I do not think there are any Recoverable Reserves ... to me ... and this is JMHO if there were something even with low World Prices you would let the world know ... You can look to all the other unconventional Gas Plays and yes their values have gone down that is to be expected... in these times... However if you have something you need to have it on the table these days so every potential option can be explored down the road... so to me I am finding it more and more difficult to believe there is anything there...

Anyway... I will let you be the judge...

Best to All,

Wolf

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