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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 29, 2006 2:37pm
163 Views
Post# 11048921

RE: update

RE: updateBased on todays' news release, I don't think so. Unfortunately they have gotten back into bed with the devil! What is very encouraging is that management are taking 700,000 units themselves - almost 20% of the financing. The sends a very loud and very clear message, to me at least, that this project is on the cusp of being a very big winner. Think about it! Why would management, who know more about the project than anyone on the planet, buy more shares unless they "knew" that the ball was going to be hit out of the park!
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