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Questerre Energy Corp (Canada) T.QEC

Alternate Symbol(s):  QTEYF

Questerre Energy Corporation is an energy technology and innovation company. It is engaged in the acquisition, exploration, and development of oil and gas projects, in specific non-conventional projects such as tight oil, oil shale, shale oil and shale gas. It holds assets in Alberta, Saskatchewan, Manitoba and Quebec in Canada, as well as in the Kingdom of Jordan (Jordan). Its oil shale assets include its project in Jordan and its investment in Red Leaf Resources Inc. (Red Leaf). It plans to utilize the Red Leaf technology for its project in the Kingdom of Jordan. In Quebec, the project has a comprehensive program to test the carbon storage potential including injection and monitoring wells, compression facilities and a pipeline to an adjacent industrial park. Its Kakwa area is a liquids-rich Montney natural gas resource play situated over 75 kilometers (km) south of Grande Prairie in west central Alberta. Its Antler area is over 200 km southeast of Regina in southeast Saskatchewan.


TSX:QEC - Post by User

Post by Virgil31on May 15, 2013 12:44pm
121 Views
Post# 21397860

hindsight

hindsightYes, the best thing would be to unload this stock the next time it breaks a dollar. I know I am . I will be liquidating all 225000 shares of mine this year. The Norwegians got burned on the private placement @ 4.30 in 2008 They are desperate to get their money back. They will pump it up, cheerlead, etc to inflate the share price, then they will short it like crazy. This has been the pattern. Their target price is 1.05. It won't go above this for years.The only way tomake money on this is to sell at 1.05 , wait 6 months, buy back in and wait for appreciation.Ive gotten burned " going long" on Qec.>
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