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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 18, 2007 4:23pm
213 Views
Post# 12960994

RE: Private Placement of shares

RE: Private Placement of sharesApparently the placement was over subscribed on the first day. It was only offered to existing shareholders. That speaks very well for the support. Even all of the selling at these levels, and god knows why anyone would be a seller, is being snapped up. If you do an analysis of the trading, it appears that CIBC has bought a lot of the stock. I think that they may be pretty smart guys. Go Spirit. Your time has come! You need to make those board changes/additions and get on to the property to complete those wells.
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