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