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Freegold Intersects 3.62 g/t Au over 42m and 1.23 g/t Au over 170.7m (click to learn more)
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Gastem Inc GTMIF

Energy Oil & Gas E&P
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

Gastem Inc
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Comment by Rapax11on Jul 19, 2010 4:51pm
250 Views
Post# 17279968

RE: RE: RE: RE: deal

RE: RE: RE: RE: dealIf you sum up the financing in Private Placements from 2007 - 2010, investors payed  $28.755.905 for  31,5 m shares, thats  
.9 / share.  The value of shale-gas acres has exploded in the same time, so $1 / share is stealing, a more fair and correct take over enterprice value of Gastem should be 3-5 $ / share (take a look at Questerre).

   
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Dealroom for high-potential pre-IPO opportunities