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Message: Re: Interesting trading

Aug 07, 2008 12:26PM

Yup.... The feeding frenzy is about to begin and those that have been patient will be rewarded many times from this great company when news starts to flow. 24-30 tcf is alot of gas considering Canada is about 400 bcf under normal reserves at this time this year. NG rates have held pretty firm in the high 8's since oil dove from the $147 mark and it's that reason why NG rates will stay firm or go much higher from this point on. Winter heating season is just around the corner as well so we'll see a run up tacked on to QEC as well for that just about the time time that we get news from the summer drilling program. Only 1/10 of the resource has been valued at this time with a $ 8.49 target. Can you imagine what the target will look like when the entire resource is valued? WOW......This opportunity must not be taken lightly lads. You will not see prices in the single digits after frac flow rates are released this fall. Remember that frac rates can be 4-5 times higher than vertical wells. Have a great weekend.

JQ:)


Aug 07, 2008 07:04PM

JQ
Aug 07, 2008 08:15PM
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