RE: Cut-off price (natgas)inceptus...
"How about a 50% increase withing the next year. Accept this projection and producers like QEC will be a goldmine."
And NG is supposed to trade, in relation to oil, around 1 to 6. So oil at $120 should see NG at $20. A number of commodities and resource focussed analysts are calling for this. Don't forget we are in the shoulder season for NG. Hurricanes and cold snaps will push this heartily. But inventories are generally down even though the last numbers showed increased inventories. They are nowhere near what they were in '07 which pushed NG down to $6+ and saw drilling companies take a beating and actually park the drills. So we are in the ebb of a bull run on NG - I'm merely spouting analyst opinions off of BNN now - watch it a lot.
I'm not suggesting you make an investment decision solely based on that. And it certainly won't be as informed as some of the competent people posting on this board.
What I am saying is NG is still behind where it should be and under current market conditions and recent oil crisis scare, we will definitely be seeing moves to NG where possible. How much does that add to commodity price and to this stock ? I don't know. But it's an indicator of less resistance to go there - as opposed to ALL THINGS "NG" ARE BEING SHELVED. That would be resistance.
GLTA