Re: Please do something
in response to
by
posted on
Dec 15, 2011 11:58AM
(Edit this message through the "fast facts" section)
With what Jason told me, I expect them to be having some new projects in 2012, so it won't be bad imo. Also, odds are good that Talisman will drill the remaining two wells in the spring (they said it depends on equipment availability)...I expect with prices so low, a lot of drillers will be cutting back production so hopefully we get that.]
I'm very curious to know what projects they are evaluating. I can guarantee it'll be in a place with a history of oil and gas as to avoid another Quebec lol.
I also just realized something...and that's that we are also seeing tax loss selling. QEC has drifted down this year so a lot of people bought higher. Makes sense, as the company doesn't have much upcoming so it's easy to get back in after a month to avoid superficial loss rules.
We are trading half of what this company is actually worth in assets, with no debt...discounting Quebec. This will work out, just have to give it time or move onto other things while you wait!