RE: Retracement comingMaxhyte said:
If QEC goes quiet and PCQ has no news of their own soon we will go back to the twenties real fast. Nat Gas prices too low to help us.
Buying opportunity coming again!
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Can't agree more. I've watched this one for a couple years now. In the beginning a 20 milion trade day was typical. Now 200,000 is more the norm. They personally need a direct hit to get running but then can you be viable at -5$ for N/G. Possible I suppose considering proximities.
If the "double-dip" recession comes true, then 3$ N/G will put the screws to all of these plays since they are not in production.
PCQ has the potential to be third or so in production for the area but not tomorrow...