I have been looking at companies like Chesapeake and other....this one was a $0.60 back in 98 or something, and hit a high of $70 this year. If you look at any major shale producer, their sp's have done beyond amazing. If we were to sell, I wouldn't cast a vote for a sell at anything under $15.

It all depends right. How much gas it there...they say 10tcf with 20% recoverable...and recovery will increase. If they give us $10,000/acre, we're looking at around $16-17 (just Quebec of course, not including what could be of the Liard shale)...if it's $15,000/acre, then upwards of $25 a share. So we'll wait and see, but I don't think the company or shareholders would be underbought by any means...especially after the results we've been getting and hopefully get coming up.

I have this gut feeling that the Liard shale could be something big as well. Anyways, time will tell!:)

Rocco

PS Canada will be a lot better off from the states with the overall economy....we have the strongest banks and it's been stated that we will have 2.2% growth next year, so not in a recession....with the states printing so much money, inflation will kick in hard and commodities (which are still needed) will see a rise in price. The only reason that the dollar seems to be doing well right now is that all other currencies are doing worse, like the euro etc....but that'll change imo in the coming year.