GREY:CEQXF - Post by User
Post by
Shortcallon May 13, 2016 7:10pm
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Post# 24872429
Share price.
Share price.Aeco gas (Alberta) under $1 cdn. Makes it difficult for the best of companies. This in my opinion is CQE is one of the best and will make it through. But it could be this winter or a couple of years before gas comes back. There is not much drilling going on . So only question now is how long before demand starts to excede suppy. On a diferent note Henry Hub January 17 is over USD $3 . This has been quite a move up over the last few months and may be a sign that things are changing. As coal is phased out and gas comes in to replace it you will see value in some otf these companies. Check out the drilling results for this company . Their asset base / potential is great. They are doing what I think most companies should do. Hold back production and go itnto a holding pattern. I will be buying right through the cycle on this one. Cheaper it gets the more I buy. Bad day on the markets during a major correction I will back up the truck. Very comfortable with this one.