Multiple Scenarios .. has chance of blue sky , strong buy!Best Case Scenario - consultation period in 45 days changes government tone, allows for fracking in certain areas, companies land holdings easily worth $1.00 +
Base Case Scenario - CAQ has given the green light to boosting the quebec economy, and has even posted on there website they agree to develop the st lawerence lowland natural gas. CAQ is leading the polls and most likely to win in the fall. Stock would race back to 0.30-0.35 on those hopes.
Worst Case Scenario - Nothing material happens in Quebec..... company doesnt burn any cash , has 7-7.5 cents in net cash!! CEO TAKES ZERO SALARY! and owns 10% of the float! They also have other properties and tax losses, plus listing is valuable , so worst case 10 cents! Upside is company could do a RTO (reverse takeover) with a hot sector
Im still long here, and will add to any dip! IMHO this should not even be below 12-13 cents! Quebec is still happening in my opinion this is all politics! You Watch!