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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 Feb 13, 2007 3:06pm
334 Views
Post# 12227016

RE: Below Book Value

RE: Below Book ValueNo s-hit! I completely agree, however, I sense that this may be the quiet drift before important news. I realize that Uranium is the flavour of the day/month, however, energy is still a very serious issue. I believe that this company with the very conservative managers, has a very substantial asset that is going to get quantified imminently. Look at previous posts etc; We should be getting confirmatory news regarding the resource - very soon. If that is the case, the book value will be substantially higher than $1.13 and the stock will follow. It will not surge ahead of the new "book" value but it will be back up to a respectable leve. Keep believing guys, this is the real deal!!!
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