GREY:CEQXF - Post by User
Comment by
shambano1on Jul 13, 2016 4:16pm
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Post# 25050016
RE:Bank line
RE:Bank lineClarus was active buyer today and then crossed some big blocks.
I agree, that CQE has some interesting properties and NG prices are firming up so I\m pretty sure they are being looked at for possible takeover deals or JV's.
Paramount just sold their main NG properties and now are going to expand their montney produciton and maybe they want to increase their land holdings for good metrics.
there are lots of cheap SP's in the patch, but not all will get offers, but I think CQE has some nice properties and as NG prices firm and storage overhang disappears (Hopefully by November) then 2017 could be a good year to own these down and out juniors.
or they will get gobbled up by the likes of POU and others.
just speculating GLTA