Canadian Imperial Venture V.CQV.H

RE: Off Topic: other O&G juniors

[ajootian]

BPR Industries (V.BPR) is about to get into a huge coalbed methane play in Illinois. The stock has run up substantially over the last coupla months on the news of its reaching agreement to buy into the lease for the property, but it still could be a 10-bagger from the current quote of just under $2. Its hard to do due diligence on this company since they did a lot of work on this project several years ago. But don't worry -- the natural gas hasn't gone anywhere and is still trapped in the coalbeds. Check out their website for more background on the play. Natgas prices have tanked recently and are likely to tank even further over the next few months, but all the experts are predicting that we should still see US$5+ once we get into next winter, which is the earliest possible date that BPI could start producing from this project. Coalbed methane gas is one of the easiest and cheapest kinds of gas to find and produce. I'd like to take this opportunity to thank the many great, informative posters on this thread. I got into CQV on the recommendation of Ron Stuthers' newsletter, Resource Stocks Advisory, which also made me aware of BPR. Obviously I'm now wishing I'd paid more attention to CQV than BPR but I still believe that BPR has similar potential to CQV.