RE: RE: Western Canadian Sedimentary BasinIMO the properties will have to be in oneof the new shale gas areas for us to continue moving forword...areas outside of this are simply not liely to be that significant. The WCSB has been extensively drilled and worked in a traditional sense. Now that we have developed the methods of recovering the ng trapped within the shale formations horizontal dilling offers a unique way of encountering very long pay zones. I believe with most certainty that the recent acerage is on the Alberta side of one of the recent shale gas discoveries (Montney or Horn River). Why do I say this? Look at the recent trend of insider buying and Blackstone's interest in buying back paper (good luck doing that at under 22.5) more likely 1.25 IMO. This may be one of those few times when a junior actually has the management and land base to actually make a real impact. Hold your share ladies and gents as Blackstone will now more than ever want those 3,000,000 shares...thay are gonna raise the bar and start buying...hold your ground and we can easily go north of a buck.
I am just over 200,000 shares strong and will not even put a wild ask in until Blackstone has their paper bought back. This is shaping up to have life changing capabilities for the current SH"s!
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