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Message: Valuta

Valuta

posted on Sep 17, 2008 06:08PM

Hi. I tyed to tell you about the diffenence between cdn$ and Nkr and that it has changed. Private investors in norway have paid 23,80Nkr as compared to 4.70cdn$, but this don't hold anymore, cause 4.70cdn$ is now nearer 26Nkr, so it has to go down in canada or up in norway, but everytime we push it up, we get pulled down when canada opens. So it looks like it's up to the canadian market and we've seen it been draged down to the 2.25-2.30. Think norway will be on the sideline for a while, until news comes or oilprice stabalise, but on the other hand QEC was one share that could hold the resent downturn, so I see it very strong still and don't think we'll se the 2$ mark again, but this is only my guess, cause investors are nervous, you see gas and oil on the rise, but they wait. We'll see.




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