cqmJust noticed this stock.
It appears it is basically a gamble on whether Quebec will allow shale drilling?
Assuming that is the case, what I wonder is, do these guys run any risk of going bk before Quebec makes up its mind or can they run on fumes indefinitely until the matter is decided?
As a bet on Quebec approving shale drilling, it seems like a worthwhile gamble to me. If there is the additional risk that they go out of business while waiting on the verdict, then it wouldn't be quite as attractive a bet to me.