TSXV:CLAS.H - Post by User
Post by
willibrichon Nov 22, 2010 4:10pm
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Post# 17741069
Interesting market today !
Interesting market today !With Brownstone closing at .80 , up 57 % on the day on 4.3 million shares and QEI closing at .21 , up 13.5 % on an amazing 17 million shares, it certainly reveals the different natures of BWN versus QEI shareholders.
Could it be that a substantial number of QEI shareholders do not appreciate or understand what they have right now. If 5 feet of pay yields 2225 bopd, then the full 50 feet of the Mirador is going to yield many multiples of this first flow test. And maybe it is an omission, but I gather that they have not even used a pump yet. Just observed open formation flow rates
You know it does not really matter if the final production from the Canaguay # 1 well is 12,000 bopd, 16,000 bopd or 20,000 bopd, QEI will be in the oil business right and proper.
Anything under 30 cents is a screaming buy. Today I sold some of my silver stocks like RVM. AXR and ASM and bought more QEI.