Petrolympic Ltd V.PCQ

Alternate Symbol(s): PCQRF

Energy Oil & Gas E&P

Petrolympic Ltd. is a Canada-based gold and lithium mining company. The Company is focused on its lithium exploration assets in the James Bay region, Basserode and Fourniere in Abitibi region as well as its gold exploration assets at Vauquelin and Rayon d’Or in the Val d’Or region, all in the Province of Quebec, Canada. The Li-1 and Li-2 Properties are in the James Bay - Eeyou Itschee area, approximately 125 kilometers (km) north of the town of Chibougamau. The Basserode and Fourniere Lithium Properties are in the Abitibi-Temiscamingue region, southwest of the Val d’Or mining camp, Quebec. Belcourt Property consists of 125 claims distributed in four blocks (Belcourt North, South, Central and West blocks), all proximal to one another and covering a total of 5,479 hectares. Its Rayon d’Or and Vauquelin Gold Properties are located within a gold mining camp in Northwestern Quebec. The Company also owns St. Lawrence Lowlands, Gaspe and Evangeline Lake Property.

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Petrolympic Ltd

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Post by sevushkaon May 26, 2008 8:07pm

528 Views

Post# 15112014

Peter Hodgson BNN on QEC and Utica Potential

Peter Hodgson was on market call tonight and QEC was his top pick.

Some interesting points:

- Compared QEC to "buying CNQ 10 years ago". CNQ trades at $100.
- Lorraine shale situated above Utica shale holds 2x gas of Utica
- Don't have to wait 5-6 years, expects results within a year
- Applauded QEC shrewd management doing a PP at $4.70

How does PCQ compare to QEC?

- PCQ / Squatex lands surround QEC from the South, where supposedly there is more gas pressure
- PCQ has 1/10th of QEC's market cap
- Shrewd management, not rushing a large stock dilution
- Huge insider interest

If QEC is successful, I can't see PCQ lagging far behind. The price per share could be $20-$150 come summer 2009.

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