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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 earlybird_787on Jun 30, 2011 2:18pm
197 Views
Post# 18785762

RE: RE: buxtondood, is someone jealous here? I won

RE: RE: buxtondood, is someone jealous here? I won
Paragraph 4, Section 5 of MD&A for period ended March 31, 2011.


Flow-through exploration funds are being used to finance drilling, exploration programs and related
expenses on the Company’s Quebec properties. Funds have also been reserved for general and
administrative expenses for 2011 and 2012. Present liquidities are sufficient to finance exploration
obligations for the remainder of 2011 and well into 2012.


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