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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

Post by earlybird_787on Nov 07, 2008 10:05am
259 Views
Post# 15572135

Another bullish sign

Another bullish signThe fact that management is willing to exchange stock appreciation rights (i.e cash earnings) for stock options is a very bullish sign for the future of the company. If management did not expect the stock price to increase in the future, they certainly would not accept stock options in lieu of cash.

https://csri.ca/files/newsReleases/112.pdf


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