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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 Jun 22, 2006 7:02pm
229 Views
Post# 11023168

RE: update

RE: updateI found it quite interesting to seed that Canada Southern is being taken out at around $10. per share giving the deal a value of around $160MM. They have about one trillion cubic feet of gas. SPI is in a position where it will have the same amount of gas PROVEN within the next six months. If you were to use a comparison to the other deal. SPI should be trade at $7.00. Seems that we are undervalued right now and need some news. They wisely fired the idiots that were doing the IR,and hopefully will come up with someone that can actually do something
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