TSXV:CLAS.H - Post by User
Comment by
stjjmacon Jan 15, 2012 8:01am
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Post# 19405102
RE: RE: Well Men?
RE: RE: Well Men? Hockeylad, i agree with you on yor first 4 points but don't think they would halt to announce net pay only or mechanical issues as neither would be considered "material" to the stock.
When they drilled Canaguay the previous management team made a huge mistake in communicating 100 feet of net pay but wouldn't be able to test for several months and then ended up with I believe only 5 feet of productive net pay.
Not terribly impressed with the new management team but I do think they are really trying to avoid the mistakes made by the previous team in setting unrealistic expectations.
I am guessing that we will have a release stating 2,000 - 3,000 boe which would be very good for QEI.
Be interesting to see if they halt it. In the 3 years I have been in and out of this stock I have never seen it halted.