dmastercard
posted on
Mar 09, 2011 09:26AM
(Edit this message through the "fast facts" section)
dmastercard
Its important to listen to the "locals" so I now decided to take a break from this forum cause I take a break from Questerre-shares - at least for a while.
Quebec-people are quite "hardheaded" when it comes to politics, it seems to us foreigners, and if they don't want to make income and royalties on shale gas, noone can or should force them to do so.
I guess quebecians like "oil-money" but most if they are transferred from Alberta or some other province through federal budgets.
So there's a policial risk involved which has been underestimated by me, and now gives me the conclusion to sell my shares and invest in other papers with better outlook.
I have a loss now from QEC, but I don't mind cause in this game it's give and take, and my other papers are mostly good.
When and if the political winds are changing and quebecians want shale gas, I will perhaps invest again in Questerre, cause its really a well run company.
Also this forum is very good compared to many others.
Good luck to you all!