Gastem Inc GTMIF

RE: N4KRGMR 1/20 of Qec ?!

[foshizzle]

It's not an anomaly at all, and no matter how many times it gets reposted the QEC-GMR comparison sucks.

First, QEC has 1000 boepd of active production. GMR ermmm?

Second lets say for the sake of argument that they really do have the same land holdings (because that's your argument). The valuation claims QEC land is worth 1.5 times the value of the GMR land, so it follows that the QEC land is 1.5 times richer in gas within the shale. Since economics is the biggest question in developing shale gas plays then that says to me that the GMR land is marginal compared to the QEC land.

Additionally those numbers are based on way different land holdings, and calculated when gas was more than 3x todays price. On top of that the number is 'unrisked net asset value' - meaning the value of every little bit of gas, even the stuff that will never be recovered.

A listing in Oslo is going to cure this imbalance? Oslo! ROFLMAO!

As for your latest post in which you come up with a $34 million value on the NY acres, you're out by an order of 10 its actually $340 million based on the information presented. The problem is an acre isn't just an acre.

I'm a longtime GMR holder and I own no QEC. I just get tired of the baseless hype people post.

HAHA my anti spam characters are: hyppy ... even Stockhouse knows its just hype!