Getting close to busting $4.00Closed at $4.00 last week and holding in the High $3.80-$3.90 range. I think once it breaks $4.00 that resistance will ease and let this one slide up a bit and if NG prices go up this one will match it's projected targets of the $6-$6.50 range. I think this projection is realistic as they have aprox 80% success rate on their drills, completed a pipeline in Reine, and have just completed another pipeline around the Grande Prairie area. Set to put more gas on tap this coming month and increased their production in 2005 by 536%. They also have excellent prospects, aggressive drilling program, and a good managed risk assesment in their drilling reflected by their high success rates. Good company that has excellent seasoned management, setting up for future growth. I like them for a long and have held a position for awhile.
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