My OpinionWell I finally this morning signed up for this form, because I want to be part of the excitement as it occurs over the next few months...
There are several of you who have provided some great information over the past four months that I have been accumulating this stock - I thank you for that.
Unfortunately, there have been more than a number of you that continue to waste peoples time, undoubtedly to serve your own personal objectives.
For those who question my motives and new account on this forum, make no mistake about it I own shares in this company and have been accumulating for the past four months.
I am not the CIBC or many of the others that have been accumulating significant amounts of this stock over the past number of months (just look at the posted accumulation reports to see the facts)... but in my own small way (relative to theirs) I have completely followed their lead.
By the way investment decisions are yours not mine... so don't base your buying decisions on my posts.
This play over the past four months has been about as methodical as they come... and those that have accumulated have done so throughout the entire trading range. That tells me a number of things... but fundamentally great things are coming and the manipulation has all been about accumulation and shaking shares from the weak.
Entirely 100% brought down intentionally in my opinion, and if you notice the trading patterns brought us to a base of .07 substantively which there were few sellers, waiting until the volume dried than moved it up, don't be surprised to see the rise up to continue in a methodical way...
A poster yesterday posted a great technical overview on this yesterday, I am expecting a break above the upper trend line... and just a hunch but I believe that news is most likely in the pipe to support the technical breakout I am speculating will occur.
Sellers are evaporating and this stock is being held more tightly everyday. Someone is trying to get every share they can, that seems pretty clear to me.
Beaver River - Do you really think Questerre would take shares (in exchange for debt) and issue an unsecured bridge loan if the path wasn't clear. This last move with Questerre was a BRILLIANT move to right the balance sheet and set the stage for what I think will either be a company sale or significant Hydruaulic Fracturing activity and supply agreements.
There are significant deals being done with companies like this right now by major gas producers to purchase these types of assets and expect to see more and more given the advances made in hydraulic fracturing techniques. Interest on the part of the Ukranian government and associated corporate sponsors is very likely in my opinion.
Bashers - bash all you want.... buyers... potential buy today or don't... in my opinion the buyers will be coming soon in swarms.
Stay tuned and good luck to all.
Do you own DD - I am just calling it as I see it and your views may be respectfully different.