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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 Rapax11on Jul 19, 2010 10:28am
347 Views
Post# 17278547

RE: Here come the 20s!!!

RE: Here come the 20s!!!Well, I don't mind buying Gastem at the 20s, but you can´t ask for more than this, it´s already  valued at 1/20 of Questerre and has approx 1/2 the acreage in Lowlands compared to Questerre. Neither Gastem or Questerre has any cashflow / production or earnings yet, as a matter a fact, I think Gastem is closer to substantial production due to the New York acerage than Questerre is at the Lowlands.  

As soon as the oslo-listning will be done, and all the questions concerning that, I think GMR will snap back to the 80s or more. 

 
Bullboard Posts