RE: RE: News Out Glad to see we are moving forward as well. The drill must have hit something positive for negotiations to take so long. I can't hide that I am a little disappointed we are walking away from the 8,000 acres but at the same time there will be less dilution now. $3,000,000 would have been 40 million shares at the current level not to mention the kind of cash to move an asset like that into production. Hopefully drilling some more wells on the 320 acres and moving forward with the Energex deal will create some nice cash flow. These are easy lay-ups to set us up nicely for when Quebec opens up after the SEA. Positive news from PEA's summer drill program might also help move our SP as we have quite a bit of land in Gaspe prospective for light oil.
GLTA