Ring of Power?QEC was due for a three day period where they went down sharply each day. There is a very good chance that QEC will go down tomorrow and an even better chance that we will end up for the day.
But QEC has an interest in over a million acres. They will get some kind of surge from TLM's announcement of their drilling plans. QEC will let their partners do the heavy lifting and they only need to particpate in the profitable wells. When it is proved that they have the goods the buyout offers will appear. They buyouts may not be successful if QEC is trading over $15.00 per share.
Look at the pattern for Noront and the ring of fire. Questerre and the ring of power will be multiples of that value.