Two stockbroker firms in Norway/Denmark are now advicing investors to sell their shares in Questerre. ABG Sundal Collier has already been mentioned here, and the other is Danske Markets who predict the stock will fall to 7,50 NOK or 1,25 CAD.

Their main argument is about delays, they are sure the development at Utica will be significantly delayed. ABG even wrote Talisman is in no hurry cause of low gas prices and long leasing contracts.

It seems these statements made a major effect upopn the stock market sending QEC down more than 10 % in the trade at Oslo stock exchange.

My question to the canadians friends here is quite simple - is there any substance in these speculations. Will 2011 become a non event year for QEC like Danske Markets tells us?

Johnson