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Canadian Spirit Resources Inc V.SPI

Alternate Symbol(s):  CSPUF

Canadian Spirit Resources Inc. is a Canada-based natural resource company. The Company is focused on the identification and development of opportunities in the unconventional natural gas sector of the energy industry. The Montney is an oil and gas play in North America and has reservoirs in Western Canada. The Company's significant land base is strategically located along the pipeline infrastructure that delivers natural gas to the proposed liquefied natural gas (LNG) facilities on the West Coast of British Columbia. The Company is engaged in the exploration and production of natural gas in the Montney Formation of Northeast British Columbia.


TSXV:SPI - Post by User

Comment by WPugeton Apr 19, 2006 12:27pm
281 Views
Post# 10700538

RE: Cash Flow starting Q1!

RE: Cash Flow starting Q1!This is very good stuff! I sense that they are closer to a resource upgrade fro Sproule than it seems. With at least 60% recoverable from the Gething coals, the recoverable gas is enormous. We may not have to wait for cashflow as our "friend" antibody suggests. This company will quickly become an acquisition target for its reserves and undervalued resource. You can do the math but I don't think the Sproule guy was too far of in his comments about 7 X the $4.00 price. Why anyone would be a seller of this stock over the next six - nine months is beyond me. I was a buyer on Monday and pray that maybe it backs off a bit so I can buy another block. My RRSP is very grateful! By the way, as a total aside, who was the bonehead regulatory idiot that allowed the brokers to have their own personal JITNEY house. House #1 "Anonymous", can you believe it! If any of you idiots from the exchange who surreptitously check these boards happen to read this - give your head a shake. In this era of full plain and true disclosure for you to endorse this is beyond any reasonable logic. Yikes! Oh, and is Haywood "synonymous" with Anonymous!!?? Sure seems that way when you look closely at the trades. Their loss!!
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