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Message: Re: Questerre executes unconventional oil strategy

Dec 12, 2011 01:30PM

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Dec 15, 2011 09:58PM

What I am really curious about, is the 100k saskatchewan acres, their position and the cost+ how it all affects the cash position of the company. I find this very interesting since this ultimately serves as a sort of "safe haven low" in the stock quote.

From an FA point of view, I am very confident that qec is a solid long-term bet which might prove to be at least a ten-bagger from todays qoute (and ultimately two or thre times that, pending the matter of events and one's investment horizon).

From a TA point of view, a recent SHS formation indicates targets at 0.50 and the 0.40-0,42 area. The latter corresponds to a gap closure around 2,30 NOK at the exchange in Oslo.

So even if fundamentals confirm a horizon of increasing brightness, TA hints that we can still go lower.

For the latter reason, I am still waiting to more qec stocks to my portfolio.

weekend greetings from Denmark

JH

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