Re: Great News
in response to
by
posted on
Sep 20, 2009 03:47PM
(Edit this message through the "fast facts" section)
Yes Life, I know, from the same source as you and I have heard the TLM webcast. Think I wrote that we on the boards/forums know, but an official brordcast on the QEC news-site hasn't been made and sometimes the online site Hegnar.no also write when there is news about QEC. News about that TLM was ready to ramp up, has been on the canadian FT and also on Hegnar and this from our site and it was news on 14. of august:
"We had continued success with the middle Utica interval in the second quarter. This was instrumental in our decision to accelerate development with two pilot horizontal wells targeting this interval later this year," commented Michael Binnion, President and Chief Executive Officer of Questerre".
This had only little impact on the sp if any(I think that maybe peoble got used to news without figures added:) and ofcause marketconditions, but all in all now along the way, it ads up. So what I meant was, that yes ok we on the boards know. Anyway, it looks to me like things ARE beginning to look much better. I also know that the QEC board and management are very good at there work(is it higly compettitive?, You know what I mean:), so I have good comfort in that. They have good timing.
It is very good news. When peoble who wants to invest, they look around they can find all this TLM have said, like that they were ready to ramp up at any time, market got better and so and they also find out that originally the horizons were planed to be drilled in the 4th Q, then it should be obvious, that now is the time if they want to be in on the next sp rise.
The market crash is still influensing peoble psychologically. I read about that insurence and pension funds hold back, they hesitate on buying equities, but in norway they have slowly started to buy and I just read on Bloomberg about canada: Canadians Bullish for First Time Since 2007, Nanos Poll Shows :
By Theophilos Argitis
Sept. 20 (Bloomberg) -- Canadians have become bullish on the country’s economic prospects for the first time since 2007, according to a poll by Nanos Research, adding to evidence a recovery is under way.
The share of Canadians who say they believe the economy will strengthen over the next six months rose to 45 percent, according to an advance copy of Nanos’s quarterly economic survey provided exclusively to Bloomberg News. That’s more than twice the 18 percent who predict the economy will weaken.
The results are consistent with recent data that suggest the economy has emerged from its recession this quarter, helping to fuel rallies in the country’s stock market and currency. Canadian wholesale sales, manufacturing sales and the index of leading indicators rose more than forecast last week, according to government reports, while home prices have risen to records this year.
“With perceptions on the future direction of the economy being a leading indicator, the current mood is a clear signal that for the first time in almost two years, Canadians are currently bullish on the future,” Nik Nanos said.
The Ottawa-based pollster said the results suggest an increased chance of higher “short-term spending as consumer confidence fuels postponed purchases, and a longer-term return to near normal consumer spending habits, assuming there are no significant negative changes in the economy.”
http://www.bloomberg.com/apps/news?pid=20601087&sid=aAu.SzrKAkFU
Good signs: Home Sales, Goods Orders Probably Rose: U.S. Economy Preview:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aMR6DbBI2B6s
and one about china:
http://www.bloomberg.com/apps/news?pid=20601087&sid=atpSKc5BP.2k