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Gastem Inc GTMIF

Gastem Inc is a Quebec-based oil and gas exploration and development company. Its main focus is to develop commercial production of the Utica Shale formations in Quebec and New York State as well as exploring the world-class potential conventional structures of the Magdalen Islands and the Magdalen Basin in Quebec. The company's operations include Yamaska Property, St Jean Block, Joly Property, US Appalachia, and the Gulf of St Lawrence.


GREY:GTMIF - Post by User

Bullboard Posts
Comment by buxtondudeon Oct 06, 2008 4:50pm
187 Views
Post# 15508705

RE: Added

RE: AddedEven with great results I am skeptical that the market is going to give much value to the QC shale plays, in my opinion value is going to increase as the operators drill more and more and we start seeing some numbers proving that this play is profitable.   The best way would have been to sell out after the initial frenzy when the announcement came out and buy back once the dust has settled.  Now it is going to take months and months before getting anywhere close to the previous high.   Reminds me of the year 2000 bubble when tech stock went crazy and crashed after, all the stocks crashed but eventually the good one came back to their real value,, like RIMM.
Bullboard Posts