GREY:GTMIF - Post by User
Comment by
Rapax11on Jul 15, 2010 10:00am
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Post# 17271193
RE: Preliminary Prospectus
RE: Preliminary ProspectusTake a look at Questerre if you don´t understand the reasons for the Oslo-listings. Questerre has about 300.000 net acres in the lowlands (Gastem 170.000) and has a market cap 20 times higher than Gastem. The Oslo-listing can be the reason for the difference in valuation, I think so.
Gastem has a short period "window of opportunity" to acquire low-price acres i New York before new regulations come in place, I hope they accelerate this before it´s to late.
More money is good for Gastem and it´s the only way to go forward to release the values in the ground.