Investment by the Quebec GovtTo this day, the Govt of Quebec (Ressources Quebec) has 15 047 254 shares in Petrolia for an average price way above the actual price, which represents 16,29 % of the 92 000 000 ordinary shares on the market. Plus the contrat that ties the Government to Petrolia's Anticosti project with huge penalties if broken.
I can't belive that this f...ing Govt is going to shoot itself in the foot, back up and lose millions and millions in the Petrolia adventure just to please a part of the population that are environment fanatics (indians, lefties and greenies). To me it's just impossible. If they back up, well politics will prove me that it has no common sense and that politicians are willing to do anything to get elected/re-elected...
To me the Bourque project (natural gas with high estimated ressources) seems to be the safest bet with the Quebec Govt 8 milion $ investment lately. Any update on the Bourque project and is projected calendar? GLTA